Vegapit

Potential Bearish Bat Pattern

Vegapit Updated   
FX:GBPUSD   British Pound / U.S. Dollar
6
Chart is self explanatory. Waiting on reversal price action around the PRZ.
Trade active:
Short initiated @ 1.2784.
Comment:
Holding the short in case this is an Alt-Bat

Comment:
As I kindly got reminded, the Alt-Bat I described above is NOT valid as AB is greater than 0.382XA. Sorry about the confusion
Trade closed: stop reached:
price blasted through 1.27XA where my stop was. This trade is closed

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