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BeaucoupPips
Feb 8, 2023 1:32 PM

Supporting theory for GBPUSD Short Short

British Pound/U.S. DollarFXCM

Description

I see a nice Bat pattern with a tight C point, now price can drop again and give me a better C point retracement but it broke structure to the high. What's important is the 88.6 lines up with the price imbalance where price has shifted away, which is a very big clue where price can potential reverse. Include this with my higher timeframe bias and let's see the magic happen.

Beaucoup Out

Trade closed: target reached

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