TradingView
Urbandj
Dec 9, 2017 3:16 PM

Bullish Bat Opportunity in the GBPUSD Long

British Pound/U.S. DollarFXCM

Description

Hello all,

A Bullish Bat opportunity has formed within this pair, which seems to be in line with the overall recent bullish trend. This has presented a shorter term bullish opportunity which I wanted to point out.

For those who trade the Gartley pattern, there is also a potential bullish one being formed within the same area so you can decide whether to take the Bat or Gartley as the trade opportunity. Though I do not trade Gartley patterns, I am able to recognise this pattern as extra confirmation to a potential bullish move from that level.

Either way, good luck in the trade!

More