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RaynLim

Dive into GBPUSD Trading Insights

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
RaynLim  
FX:GBPUSD   British Pound / U.S. Dollar
Bat Shark Supply and Demand askforex100 GBPUSD Bullish Bat trendtrading Bearish Shark sharkpatterns countertrend Contains IO script
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batpattern sharkpattern supplyanddemand askforex100 gbpusd bullishbat trendtrading bearishshark sharkpatterns countertrend containsioscript
GBPUSD currently exhibits a Weaker Bullish Trend on the weekly chart, introducing interesting dynamics.

On the 1-hourly chart, a bearish shark pattern emerges, presenting a counter-trend trading setup. Simultaneously, the 4-hourly chart showcases a bullish bat pattern within the buy zone.

My preference in this scenario is clear—I favor the bullish bat pattern on the 4-hourly chart.

Now, I'm curious about your preference. What's your take on these setups? Feel free to share your insights below!
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