Good day Traders, the markets have too many opportunities this week and right now on this GBPAUD pair the market is making its way to the D leg of a potential Bat pattern.
We have
AB=CD completing in that Major resistance zone
Confluence of a lot of Fib ratios 88.6, 127.2, 161.8, 141,4 all important ratios backing up reason for market to retrace
Major psychological Number
Also knowing the markets, we know anything can happen but i am goin short on this one and if more people share in the same thought as me then i can definitely know this is/was a good trade.
Disclaimer
This is not a signal service...lets bank those pips and feel free to share your thoughts too.
We have
AB=CD completing in that Major resistance zone
Confluence of a lot of Fib ratios 88.6, 127.2, 161.8, 141,4 all important ratios backing up reason for market to retrace
Major psychological Number
Also knowing the markets, we know anything can happen but i am goin short on this one and if more people share in the same thought as me then i can definitely know this is/was a good trade.
Disclaimer
This is not a signal service...lets bank those pips and feel free to share your thoughts too.
