GBPAUD H1 POSSIBLE BEARISH BAT PATTERN SETUP
Guys,
We might see a smaller Bearish bat pattern setup. We also have some nice Previous structure support and resistance at the dark blue line. The light gray rectangle box is just to show that we have got some Fibonacci Confluence at the D leg completion which gives us some more reason to get short at the D leg completion of the bat pattern.
I also uploaded a new video on my youtube channel explaining the patterns. You can have a look at it here youtu.be/YiK5PsYRfpY
Stops above the X leg
TGT 1 0.382%
TGT2 0.618%
We might see a smaller Bearish bat pattern setup. We also have some nice Previous structure support and resistance at the dark blue line. The light gray rectangle box is just to show that we have got some Fibonacci Confluence at the D leg completion which gives us some more reason to get short at the D leg completion of the bat pattern.
I also uploaded a new video on my youtube channel explaining the patterns. You can have a look at it here youtu.be/YiK5PsYRfpY
Stops above the X leg
TGT 1 0.382%
TGT2 0.618%