TradingView
JonathanBarnicoat
Sep 22, 2016 12:57 PM

Bearish Bat on the GBPUSD, At Market Short

British Pound/U.S. DollarFXCM

Description

Bearish Bat on the GBUSD on the 1 hour Time-frame. Currently, the price is hovering around the entry point for this pattern, hopefully getting ready to drop!

Entry is at 1.3074.
With Target 1 at 1.3025
and Target 2 at 1.2994

For the stop- loss I use the Average True range, set to a period of 7 above the x point.

Good luck!
More