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.
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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Next Training Event - August 28th
training.tieronetrading.com/30-min-training-page1753450307487
Podcast
anchor.fm/thetradingcoachpodcast
Free Computer Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
training.tieronetrading.com/30-min-training-page1753450307487
Podcast
anchor.fm/thetradingcoachpodcast
Free Computer Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
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.