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Fxprotrader

GBPAUD Bullish Bat Pattern Completion At Median Line

Long
British Pound / Australian Dollar (FX:GBPAUD)  
Fxprotrader  
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD Bat
36
5
gbpaud batpattern
Price has completed a bullish bat pattern and has already bounced from the completion level. For those who don't want to trade it because of it's big stoploss (over 120pips) you may wait for a buy setup to complete at the D point and go long for a tremendous risk reward ratio if you decide to aim for the classic 0.382 and 0.618 fib levels of the AD range.

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