trader0618

GBPUSD Bearish Bat Daily

Short
FX:GBPUSD   British Pound / U.S. Dollar
Good evening!

This time we can see a potential Bearish Bat forming on the GBP/USD daily chart.

Two numbers of the PRZ 0.886 XAD and 1.618 BCD defined a tight zone between 1.3262 – 1.3269 to get short.

First TP is placed at the 38.2% of the ABCD at 1.2747 (522 pips from PRZ).
Second TP is placed at the 61.8% of the ABCD at 1.2425 (844 pips from PRZ).

Best trades!
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