lyl89

GBPCAD - Bearish Bat Pattern on H4 Chart

Short
lyl89 Updated   
OANDA:GBPCAD   British Pound / Canadian Dollar
  • Potential Bat Pattern completing soon
  • RSI about to hit overbought level
  • R:R at 1.2 (TP1) and 2 (TP2)

EP : 1.67592
SL : 1.68300
TP1 : 1.66732
TP2 : 1.66134

I will update when pattern completes
Comment:
Pattern has completed.
Theresa May is currently speaking, GBP is plunging at the moment.
I have not taken the trade, there is very high volatility now, might wait for a while till it settles down.
Order cancelled:
False breakout encountered, PRZ not respected, will be looking at other pairs to trade.
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