GBPUSD-Weekly Market Analysis-Aug21,Wk4

The bullish bat pattern form within the demand zone on the daily chart. This setup is good enough for me t engage the counter-trend trade.

However, I must highlight that the B point of this bat pattern didn't hit 50% Fibonacci Retracement and may not be a Bat Pattern to some Harmonic Pattern Traders.

I leave that decision to you.
askforex100BatBullish BatCandlestick analysiscountertrendDemand ZoneGBPUSDHarmonic PatternsSupply and Demand

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
tiktok.com/@raynlim
Also on:

Disclaimer