Potential Bullish Bat pattern GBPUSD
A potential bullish Bat pattern has caught my eye on the GBPUSD.
Waiting to see if it completes, which will most likely happen in the upcoming week.
If strong signs of an uptrend are present I will enter the trade with TP1 at 1.43127 and TP2 at 1.44145. Stop loss is a few pips bellow point X on our harmonic pattern.
Really looking forward to this one!
Waiting to see if it completes, which will most likely happen in the upcoming week.
If strong signs of an uptrend are present I will enter the trade with TP1 at 1.43127 and TP2 at 1.44145. Stop loss is a few pips bellow point X on our harmonic pattern.
Really looking forward to this one!
Trade active
Trade entered at 1.41474Note
After closer examination, I believe that this trade could be a long term one. I will only close half my position when TP2 is met.Note
I moved my stop loss to 1.40467 to allow more room, as i believe the price will still go up. No further changes will be made.Trade closed: stop reached
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