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pipstrading
Sep 29, 2017 12:14 PM

GBPUSD, potential bullish BAT & demand zone at 1.32+ level 

British Pound/U.S. DollarFXCM

Description

GBPUSD, potential bullish BAT & demand zone at 1.32+ level

Comment

GBPUSD bullish BAT is forming. hit 786 support but not yet 886. formed doji in 4H chart. continue to monitor.
Comments
Velja
I think it filled alt bat to pip.
tradingview.com/chart/LuFSIKMA/
pipstrading
@Velja, thank you for sharing your view, but it has exceeded 1.13 quite significantly. for alt BAT, it shouldnt. anyway, GBPUSD did hit support last friday and it should move up a bit from here.
Velja
@pipstrading, yeah, I noticed that drop below 1.13 and bounce; I think that support TL did its part, the price wanted to hit. Sometimes our harmonics are not that precise : ) but work very well in our favor. Have a great week ahead.
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