On the Pound Aussie (GBP/ AUD) is an ABCD pattern i have been following for almost a month now. PA has followed the pattern exactly. Later today or tomorrow we might have the ability to trade this pattern for a few hundred pips. this will surely be a long swing trade so, if your broker is going to eat you alive with swap fees might want to consider sitting out....
This is the second time in two days we have witnessed the explosive bull reaction after a Lightning Bolt Started with the Flap of a Bearish Butterfly..
A bearish heartbeat called the short that started along the tail of the Cat eventually leading it to bite the bulls in the but !
Adjust your trendlines accoringly, these always lead into the arms of a butterfly...
