BoonHooi

Bullish Pattern on the GBPAUD too

Long
BoonHooi Updated   
FX:GBPAUD   British Pound / Australian Dollar
Spotted a Bullish Butterfly on the GBPAUD - completing at around 1.6188.
Similar bullish setup on the commodity crosses, GBPNZD

Probably the Brexit negotiations will be the trigger for the long
Trade active:
Pattern completed. Triggered a late buy at 1.6252.
Tight SL are 1.6140 target stretched to 1.6511
Trade active:
Finally moved a bit after waiting so long. Currently up about 80pips+ at the point of writing (1.6338)
Trade active:
I am still in this trade, it has been dragging a little too long for my liking.
However, we are currently above some TL resistance.

I would like to see this go above the horizontal resistance at 1.6350/70
Trade active:
This is one of the longer trade that I have been in.
Analysis on 22nd Aug, triggered the next day.
Close to 3 weeks now, the trade is up approximately +140pips

Moving my stops to 1.6335 (protected 75pips profit)
Trade is now a risk free trade.
Trade active:
Running on +210pips at the point of writing.
Shifting my Stops to protect more profits.
Now SL at 1.6370 (protected +120pips)
Comment:
Apologise for the late update, internet connection dropped when I was trying to update this earlier.

Stretched my targets to 1.6550 and tightened SL to 1.6440 (locking in +190pips)
Watching closely if price can break above my initial targets 1.6510.

Update : It did indeed is above 1.6510 now. Waiting to 1.6550
Trade closed manually:
Okay... not going to be greedy. Went to a high of 1.6543 (missed by 7pips).
Closed the trade at 1.6520 (+280 pips profits) - 20 Days
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