Hi Traders, another 1 to keep on the radar. Potential shorting opportunity for the GBPAUD currency pair.
XABC Formed - as always entries targets and stops on screen. Targets to be adjusted when we have a D completion and price reversal unless we get stopped first.
Pattern will be invalid if we violate A leg or Price goes beyond X Leg - which ever comes first.
Ideally we would hope to hit entry and roll back over to our targets. Good R:R on this trade - we usually see BAT Patterns have at least 1:1 or better
Enjoy and happy trading.
XABC Formed - as always entries targets and stops on screen. Targets to be adjusted when we have a D completion and price reversal unless we get stopped first.
Pattern will be invalid if we violate A leg or Price goes beyond X Leg - which ever comes first.
Ideally we would hope to hit entry and roll back over to our targets. Good R:R on this trade - we usually see BAT Patterns have at least 1:1 or better
Enjoy and happy trading.