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SharkbaitAl

GBPUSD May Form A Bullish Bat on 1H

Lång
Brittiska pund/Amerikanska dollar (FX:GBPUSD)  
SharkbaitAl Uppdaterad   
FX:GBPUSD   Brittiska pund/Amerikanska dollar
GBPUSD pound sterling Bat
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gbpusd pound sterling batpattern
It is only 1% retracement away from having been a Gartley so may want to watch that completion point as well but I will wait for the entry given by the Bat. RSI looks like it will be in oversold territory if price reaches the D point. Stop is the red dashed line.

I will aim for .382 and .618 retracement, and consider trailing stops in hopes of reaching higher targets on GBPUSD. Keep in mind I am a novice and this is just my idea. Cheers!
Kommentera:
Idea is still valid as price does not exceed 1.2582 first
Kommentera:
snapshot

Some bullish AB=CD patterns I will also watch for

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SharkbaitAl
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