FACTORS OF CONFLUENCE
+ With the overall trend.
+ Retracement into 78.6 (as per cypher ROE) 127.0 fib extension of the BC leg
= fibonacci confluece of the 127.00 zone
+Retracement into 127.00 ( round number)
+ Look out for reversal candle patterns to the upside in this area.
GBPAUD is forming a Bearish Bat in a Bullish market.With a AB=CD move on the CD leg of the bat pattern,also a bunch of fib clusters at the PRZ of around 1.86952 .Targets and stops placed at previous structure levels.This is my first chart posted on tradingview all comments and critisisms welcome