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Trade-Em-FX
Oct 5, 2020 12:24 PM

GBUSD Short

GBP/USDOANDA

Description

BEARISH BAT
Good Risk to Reward 120 pips
Wait for the Top Zone to be retested. (1.29549)
If rejected look for good entry point.

If zone is broken (1.29549) expect to go to the last TOP Zone. (1.30000)

Comment

The 1.29549 zone is broken and it looks like its heading in the last zone. @1.30000

Comment

move stop loss on top of the last top zone box.
Look for reversals and wait for retest when it reaches our last top zone 1.30000

Comment

We are now seeing a Double Top pattern on 30m to a lower TF.
Wait for a retest on the neckline.
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