trader0618
Short

EURGBP Bearish Bat H4

FX:EURGBP   Euro / Britisches Pfund
On the EUR/GBP             we can see a potential Bearish Bat pattern with an opportunity to short.

PRZ:
2.000 external retracement of the BC             leg at 0.8679
1.272 ABCD pattern at 0.8681
0.886 internal retracement of the XA at 0.8684

In addition we can see a 0.786 ZA at 0.8681 converging with the PRZ.

TP:
0.382 of the ABCD pattern at 0.8536 (148 pips from the PRZ)
0.618 of the ABCD pattern at 0.8444 (240 pips from the PRZ)

Be patient and ready for the signal!

Best trades!
hi! i am new in forex so please forgive my question, as stupid as it may sound. the fact that price has moved outside the bat, does that make any difference or make it null and void?
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