TradingView
EllaineEscueta
May 25, 2016 7:14 AM

Not the most fun analysis... But I think the R:R is worth sharin 

British Pound/U.S. DollarFXCM

Description

Two back-to-back advanced pattern trading opportunity on GBPUSD 4hr. Great R:R on the bigger pattern (a little more than 2:1 to T1) and at least a 1:1 to first target for the smaller pattern.
If the smaller pattern completes first, the bigger one will still be valid after T1 and T2 have been achieved (unless price violates "X"). However, if the bigger pattern completes first, this will invalidate the smaller pattern.

Comment

The smaller bullish pattern is now invalidated... Waiting for price to reach bigger bear pattern completion
Comments
Akil_Stokes
Love it, something for whichever way it goes!
More