11021992
Short

GBPUSD bearish bat pattern potential.

FX:GBPUSD   Britisches Pfund / US-Dollar
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388 6
Hi traders,

On the GBPUSD I'm looking to enter short at the completion of this potential bearish bat pattern.
Entry: 1.33310
Stop: 1.35765
Target 1: 1.28885 = R:RR 1.80
Target 2: 1.25253 = R:RR 3.28

Good luck guys!
I THINK GBPUSD GOING MORE DOWN TO C LEG AT 786 R 886 RETRACEMENT, NOW GBPUSD C LEG IS 38 PERCENT.
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11021992 ShahidKhan
@ShahidKhan, Thanks for sharing! Let's see what happens.
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Do you really think GBP could go to 1.33 by the end of Feb? I cannot see it going above 1.25 before March with all the Brexit concerns and so on unless the USD has some serious issues. This is one chart I will keep an eye on though. Thank you for posting.
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11021992 calhalla
@calhalla, Maybe Trump will do something stupid :P. I don't know if price will reach that high, but IF it does, I'll be ready for it.
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hi is it gona rise from the C TO BULL TO D
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11021992 fonnie
@fonnie, Hi. I don't know. What I do know, is that IF price goes from C to D, I will enter short from D based on this harmonic bat pattern.
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