GBP/ AUD On the Pound Aussie (GBP/ AUD) is an ABCD pattern i have been following for almost a month now. PA has followed the pattern exactly. Later today or tomorrow we might have the ability to trade this pattern for a few hundred pips. this will surely be a long swing trade so, if your broker is going to eat you alive with swap fees might want to consider sitting out. this pattern will more than likely require a reversal formation and not a reversal pattern.
Lightingbolt
Watch Out For This One ! A Lightning Bolt Started By a ButterflyThis is the second time in two days we have witnessed the explosive bull reaction after a Lightning Bolt Started with the Flap of a Bearish Butterfly..
A bearish heartbeat called the short that started along the tail of the Cat eventually leading it to bite the bulls in the but !
Adjust your trendlines accoringly, these always lead into the arms of a butterfly and you can trade the bounce if you are super active ! but super !