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UnknownUnicorn180388

GBP.AUD - BEARISH BAT SETUP - 1.6368

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Paun British / Dolar Australia (FX:GBPAUD)  
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FX:GBPAUD   Paun British / Dolar Australia
ukforexsignals SELL short Bearish Patterns Harmonic Patterns advancedpatterns xabcd GBPAUD gbpaudshort
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ukforexsignals sell short bearish harmonicpatterns advancedpatterns xabcd gbpaud gbpaudshort
On the GBP.AUD 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup.

The price reversal zone on this pair is between 1.6368 & 1.6398
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 1.6150
Stop loss would be placed above X leg structure resistance .

Target 1 - 1.6274
Target 2 - 1.6215
Komen:
Komen:
This setup is still valid as it approaches the D leg completion.
Penafian

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