Akil_Stokes

GBPAUD: Potential Bat Formation w/ Equal Measured Moves

Pembelian
FX:GBPAUD   Pound Inggris / Dollar Australia
Hey traders, looking at the GBPAUD here for a potential bullish advanced bat formation. In very similar fashion to the EURJPY trade from a few days ago, this started off as a simple look at the market putting in equal measured moves combined with fibonacci ratio confluence & then morphed into a potential advanced pattern formation as I looked a little closer.

The cool thing about this chart is that the equal measured moves are not only on the extensions (in red), but also on the retracements (in blue). Always pretty neat when the market moves like that.

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