GBPUSD IS APPROACHING THE COMPLETION OF A BULLISH BAT PATTERN COUPLED WITH A DEMAND ZONE. PRICE IS ALSO AT STRUCTURE SO I HAVE PLACED MY STOP A FEW PIPS BELOW STRUCTURE INSTEAD OF THE X LEG. I HAVE STILL MANAGED TO GET A DECENT RISK REWARD RATIO OF ABOVE 1:1 FOR MY FIRST ENTRY AND ABOVE 2:1 FOR MY SECOND ENTRY.
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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.