nezyrinfx

GBP/USD Bear Bat

Short
nezyrinfx Updated   
FX_IDC:GBPUSD   British Pound / U.S. Dollar
The pair completed Bear Bat pattern with 4hr timeframe candlestick formed as Evening Star. Also visible in the chart is an Ascending Triangle forming.

Technical Strategy: To Short at current price with Stop Loss few pips above X with target Take Profit 38.2% - 50% fib retracement of AD move.
Trade active:
Shorted at 1.3562.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.