POTENTIAL BEAR BAT - GBPAUD - 4H ADVANCED PATTERN
Hi All, I wanted to share this potential shorting opportunity.
As always STOPS ENTRIES AND TARGETS ON SCREEN
Red - MIN STOP LEVEL - This is minimum stop level however we have some room to keep it above the next structure level if we break past X - this will provide us with another protection level. And still be in a better than 1:1 RR
GREEN - 88.6% Entry - I will have my orders just below this level to ensure I get filled
Targets 1 and 2 - will be adjusted on D Completion - Initial targets just above the 38.2 and 61.8%
Also if price drops from where we are now I will be keeping my eye on a Potential Bull Cypher Pattern
Good Luck and happy trading
As always STOPS ENTRIES AND TARGETS ON SCREEN
Red - MIN STOP LEVEL - This is minimum stop level however we have some room to keep it above the next structure level if we break past X - this will provide us with another protection level. And still be in a better than 1:1 RR
GREEN - 88.6% Entry - I will have my orders just below this level to ensure I get filled
Targets 1 and 2 - will be adjusted on D Completion - Initial targets just above the 38.2 and 61.8%
Also if price drops from where we are now I will be keeping my eye on a Potential Bull Cypher Pattern
Good Luck and happy trading
