Alexander_Nikitin
Long

gbpusd bull bat pattern

FX:GBPUSD   British Pound/U.S. Dollar
hi, mates. It looks like we are to see this bat pattern completion. I am to buy at D point. Stops just below X. First target is 0,382AD and the second is 0,618AD. When first target is reached roll stops to breakeven. mostly it's connected with the fact that 0,382 fibonacci retracement is usually a trend continuation retracement. So we can easily see a move to the downside which will take all our profits away.)) for more details and tip of batpatterns check the links i attached.
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