GBPUSD May Form A Bullish Bat on 1H
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!
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!
Kommentar:
Idea is still valid as price does not exceed 1.2582 first
Kommentar:
Some bullish AB=CD patterns I will also watch for
Some bullish AB=CD patterns I will also watch for
