AUDSGD HITS T1, STOP ON 2nd HALF TO BREAKEVEN
A pull back off the 94.1 AB=CD point did not achieve T1, after some divergence and a breach of X price dropped into the first target. Stop to break even on 2nd half position.
APPLE INC FORMS A BEAR BAT, POSSIBLE ELLIOTT WAVE 3 COMPLETE
Currently short Apple Inc. It has formed a bear bat on an overbought 4H and coming into overbought daily. This stock has been defying gravity for the past 2 years, as it has been diverging all this time. Elliott wave count suggests a possible top in place and completion of wave 3 blue, now within this possible correction there is the bear bat.
GBPUSD CLOSED FOR 177 PIPS PROFIT ON 2nd HALF POSITION
I elected to close my 2nd half position on GBPUSD for 177 pips profit, as it challenged the 61.8 retrace of AD, approached oversold on 4H and was oversold on lower TFs. It also ran into the completion of a potential bull bat, bouncing off the X for this last potential pattern. So, all flat now on this pair now.
GBPUSD T1 HIT FOR 64 PIPS PROFITS, 2nd HALF POSITION STOP ROLLS TO BREAK EVEN
GBPUSD has now managed to complete three profitable harmonic patterns consequetively, bear bat, bull alternate bat and bear gartley. The last bear gartley has attained T1 for 64 pips profits and stop on 2nd half is now at breakeven.
