BrianPenrod

GBPUSD Harmonic pattern bearish bat

Short
FX:GBPUSD   British Pound / U.S. Dollar
looking at a possible bearish bat forming and a very good AB=CD pattern

Possible reversal zone of point D of the ABCD pattern @ 1.30252 to point D of the bearish bat @1.30660

will enter on a candle under candle confirmation in the reversal zone

SL will be set 25 pip from entry initially
TP1 @ 1.29863
TP 2 @ 1.29609

thanks for viewing
Bud
Order cancelled:
I missed the signal on the entry within the reversal zone so i didnt enter the trade. However it retraced right off of point D into the target take profit zone. Ill learn from this one!!! missed out on some good money!!!

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