GBPUSD:Will the Bearish Bat Pattern Work?
The bearish Bat pattern will complete at 1.263 level and the 1.618EXT of AB is at 1.264 level.
So it is good to sell short at 1.263-1.265 levels when price action gives signals in the PRZ.
SL:above 1.267
TP1:1.254
TP2:1.246 and further more
So it is good to sell short at 1.263-1.265 levels when price action gives signals in the PRZ.
SL:above 1.267
TP1:1.254
TP2:1.246 and further more
Trade ativo
Trade fechado: stop atingido
Trade ativo:
Sell at 1.265 again because of the bearish engulfing candle.
Trade fechado: stop atingido:
Some profits were taken at 1.257 and stop reached next.