GBPUSD bearish bat pattern Short

British Pound/U.S. DollarFXCM

Description

⋅ Aug 24, 2016 4:07 PM

Hi traders,

On the GBPUSD we can see a potential bat pattern forming. Completion and entry are at point D. Target is based on previous structure.
Entry: 1.33232
Stop: 1.34245
Target: 1.31625 = R:RR 1.59

Good luck! Updates will follow.

Trade active

⋅ Sep 2, 2016 12:43 PM

Trade closed: stop reached

⋅ Sep 6, 2016 10:01 PM

Bat