KVE
Short

GBP/USD: Weekly bat early stage, up wave coming?

FX:GBPUSD   British Pound/U.S. Dollar
85 0 7
a year ago
In case we get a reversal from the Quasimodo pattern and/or AB=CD pattern ; or from a smaller timeframe bullish bat lower down (see linked idea), or from one of the possible support zones we could get a significant up rally to completion of this bearish bat.

The bat is very early stage and might never complete but since I'm looking for a bullish reversal based on my previous daily timeframe idea, this pattern could signal that the next wave up might be BIG!

In case the bat comes to completion the trades on chart could give us good short profit opportunities!

If we go below this bat's A point then the bat will be invalidated and I will be looking for shorts to complete a possible harmonic move down (50% ret., 200% ext.) after a possible re-test of S/R.
a year ago
Comment: Long trade setup on the daily:
GBP/USD: 2 possible long entries for a major reversal scenario
a year ago
Comment: Up wave could have started!!
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