GBP/USD Idea on 15min chart

FX:GBPUSD   British Pound / U.S. Dollar
Bat mania :)
There is the possibility of a bullish bat forming in this uptrend channel , D leg completition (if any) it will be @ 1.3929. The C leg could still extend up to 0.886 retracement of A to B, if price goes above that level the pattern is invalidated. Let's see...
Comment: The cypher above looks slightly better in that contest ;)
Comment: Mmm...that didn't work either, gbp is going crazy it going to reverse anytime soon?!
No more bat pattern as the price has reached the other end of the channel, however price is now consolidating and I'll be looking for a reason to short the pair within that channel.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out