UnknownUnicorn101425

GBPAUD potential bullish Bat formation

Long
FX:GBPAUD   British Pound / Australian Dollar
Here we´ve got a potential bullish Bat pattern with trend cought between a channel of structure, the pattern comes in at the psychological even number 1,91000 but we run into a resistance structure above so we are only looking at one target here, with stop below the channel support area.

Good luck, i think the AUD is heavily over inflated so be careful with getting too caught up with too many aussie positions,

Kind Regards
Thomas Jeff
Comment:
Setup invalid, orders removed
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.