GBPUSD Bullish Bat Pattern/ Long Analysis
Updated
Potential Bat Pattern forming on the daily chart around extreme long term lows.
Gray box represents the potential reversal zone beginning with D point bat completion and ending around the AB 1.618 extension near the structure low.
Be patient and wait for bullish price action on the lower time frames.
Gray box represents the potential reversal zone beginning with D point bat completion and ending around the AB 1.618 extension near the structure low.
Be patient and wait for bullish price action on the lower time frames.
Comment
Bat has completedWill be tracking price action on 4h and 1h for an entry
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