g2-rockach
Long

Potential Bullish Bat Pattern. GBP/AUD Daily/4hr chart

FX:GBPAUD   British Pound/Australian Dollar
122 2 2
The GBP/AUD             are currently in an upward channel. The 86% fib level is falling around the bottom trend line. Some clear previous support and resistance levels also around this level.

Plan: To monitor on smaller time frame if price starts to move toward the 86% fib area. Long position at the 86% . Stop below the X leg. To be aware of any data coming out. Aware of any long candles indicating a lot of selling pressure.
JGaruty
2 years ago
nice chart buddy ....
do this for me ! draw a line from B down toward next low and then copy past it from C to the last high that happened before couple a days, you will see something special
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g2-rockach
2 years ago
Moving on up.....for the time being!
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