3 Drives Pattern on GBPAUD
After seeing a notification from someone I followed presenting an idea on GBPAUD (which I didn't look at yet), I decided to take a look at the pair and was amazed to find my first 3 drives pattern. This pattern is quite simple... just 3 AB=CD completions.
The AB=CD patterns are all shown in blue arrows with the orange arrow showing where I expect the pair to move to as a first target. Now usually I like to use the 0.382 retracement as default targets (if it matches with structure)... but here I find the best one to be the 0.5 retracement.
Will see how it goes.
Trade wisely, Trade responsibly.
The AB=CD patterns are all shown in blue arrows with the orange arrow showing where I expect the pair to move to as a first target. Now usually I like to use the 0.382 retracement as default targets (if it matches with structure)... but here I find the best one to be the 0.5 retracement.
Will see how it goes.
Trade wisely, Trade responsibly.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.