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RaynLim

GBPAUD - Bullish 5-0Pattern

Long
British Pound / Australian Dollar (FX:GBPAUD)  
RaynLim  
FX:GBPAUD   British Pound / Australian Dollar
5-0 Pattern Shark Harmonic Patterns askforex100 GBPAUD Bearish Shark 50pattern bullish50 countertrend combotrade
2
0
5-0pattern sharkpattern harmonicpatterns askforex100 gbpaud bearishshark 50pattern bullish50 countertrend combotrade
First, before the 5-0Pattern is completed, it has to reverse at 1.7063 to show respect for the Bearish Shark Pattern completion.

Would I take the trade?
You bet I will!

I will observe if the market will respect 1.6993; if it pauses and reverses, I know I have my Bullish 5-0 Pattern.

The 5-0 Pattern is vital for my longer-term trading plan.
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