RaynLim

GBPAUD - Bullish 5-0Pattern

Panjang
FX:GBPAUD   Paun British / Dolar Australia
First, before the 5-0Pattern is completed, it has to reverse at 1.7063 to show respect for the Bearish Shark Pattern completion.

Would I take the trade?
You bet I will!

I will observe if the market will respect 1.6993; if it pauses and reverses, I know I have my Bullish 5-0 Pattern.

The 5-0 Pattern is vital for my longer-term trading plan.

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Penafian

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