On the GBP/USD 4h chart we have two potential short opportunity's at the D leg completion of a Cypher Pattern and a Bat Pattern.
Dark Blue Cypher Pattern D leg completion - 1.52417
Light Blue Bat Pattern D leg completion - 1.52847
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for Cypher and Bat patterns placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
Website.
www.UKForexSignals.com
Learn To Trade The Bat Pattern.
Dark Blue Cypher Pattern D leg completion - 1.52417
Light Blue Bat Pattern D leg completion - 1.52847
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for Cypher and Bat patterns placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
Website.
www.UKForexSignals.com
Learn To Trade The Bat Pattern.
