A couple of short ideas for GBP pairs next week, including GBPCHF.
- Note that pattern has already completed and reacted
- However, price went back and closed slightly above PRZ
- MIGHT be a retest for this bat pattern if price shows signs of reversal
- R:R at 1.4 (TP1) and 2.4 (TP2)
- Will find entry point based on H4 chart and candle type
Trade active
Shorted at 1.7830Note
Spotted a completed bearish butterfly patter on H1.
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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.