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WirmachenTrader
Apr 18, 2016 4:07 PM

BEARISH BAT PATTERN ON GBPUSD AT RESISTANCE ZONE  Short

British Pound/U.S. DollarFXCM

Description

A short trade idea on GBPUSD. Coming into previous resistance zone while forming a potential bearish bat pattern completing at the 0.886 retracement. This offers a nice short opportunity for those pattern traders out there.

Targets at 38,2 and 61,8 % retracement.
Stops above X.

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Trade active

Trade closed: stop reached

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