Beebags

GBPAUD: Bullish Bat

Long
Beebags Updated   
FX:GBPAUD   British Pound / Australian Dollar
Just spotted this bat pattern formation on the H4 timeframe with D completion around 40 pips below current market price at 1.71400.

Entry: 1.71410
Stop: 1.70250
Target 1: 1.73780
Target 2: 1.75320

Please be aware that the minimum safe distance for a stop loss on this trade is over 100 pips. Be aware of the risk impact on your account if this trade is a loser.

If you found this idea useful leave a like, it is always appreciated.

Have a great weekend,

Luke
Trade active:
Entry order hit. Trade active.
Trade closed: stop reached

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