MariusStanescu

This is a nice Bullish Bat pattern

Long
FX:GBPAUD   British Pound / Australian Dollar
5
There is a potential huge reversal here. So we have X leg at a support level that gives me confidence with this trade. If it breaks and close below that it might go as down as under 1.5900 but
for the moment i am just waiting a D leg completion at .886 Fib Level because i am going long on this one baby:)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.