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Bullish Bat GBPUSD 1H
British Pound / U.S. Dollar
Long
Bullish Bat GBPUSD 1H
By fx1
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Updated
Feb 12, 2016
1
Feb 11, 2016
Buy limit order & entering with X2A Fib Retracement of .886 @ 1.43763
X2A Fib Retracement of .50 @ 1.44644
B2C Fib Retracement of 1.618 @ 1.43771
A2D Fib Retracement ''Take Profit '' target 1 of .382 (Minus 1 pip spread) @ 1.44525
A2D Fib Retracement ''Take Profit '' target 2 of .618 (Minus 1 pip spread) with @ 1.45003
Stop Loss @ 1.43205
Case for entry - Previous areas of resistance & support fall near PRZ at which my sell limit order is placed.
News to monitor
13:30 GMT USD Unemployment Claims
Feb 12, 2016
Order cancelled
Market never touched the order & went upward so no need to re-enter or wait for entry.
fx1
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