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safri

Alternate BAT Pattern - GBPUSD (60Mins)

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
safri  
FX:GBPUSD   British Pound / U.S. Dollar
Harmonic Patterns harmonictraders potentialreversalzone PRZ Alternate Bat
5
0
harmonicpatterns harmonictraders potentialreversalzone prz alternatebat
Hello Traders,

I have spotted alternate bat pattern on GBPUSD hourly chart. Potential Reversal Zone (PRZ) overlaps with previous structure support. It looks like a high probable area for reversal. This potential set-up has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.2 for Target-2.

Follow this idea for further updates.

Happy Trading.
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