GBPAUD: 15m

Oct 1, 2020

''BUY MARKET ORDER''

Why buy??

• True double bottom (Gartley '222')
  
• Regular bullish divergences
  
• Rickshaw Man (doji) candlestick pattern
  

Good luck to all trading GBP/AUD!!

Oct 1, 2020

Note

What is a true double bottom??????

From page 33 in the book Profitable Patterns for Stock Trading by Larry Pesavento, on bullish Gartley '222's;
''There will be a few instances where the AB=CD move will give a price objective at point X. This will be a true double bottom formation.

Just turning theory into practice.
God bless!

Oct 1, 2020

Note

That was fast! I do prefer to have it done with quickly rather than sit and hold onto the idea and end up marrying it! lol