GBPUSD: Bat Pattern Setting Up

FX:GBPUSD   British Pound / U.S. Dollar
276 5 6
Potential Bat setting up for all the Advanced Pattern Traders

Entry : 1.5284
Stop : 1.5355
Target 1 : 1.5134
Target 2 : 1.5042

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Hi Rio, nice set up. It will be interesting to see if price decides to sell off at 786 rather than get to 0.886. Price currently in a triangle so lets see if it breaks below 1.5120.
+1 Reply
DerekUweri71 DerekUweri71
Potential Cypher Pattern
SmartTradingFX DerekUweri71
Hi Derek, did you sell at that D completion? Thanks for the good feedback, very much appreciated!

DerekUweri71 SmartTradingFX
I did. My first position closed at 1st target 1.5140 coincidentally at the support of the triangle.
SmartTradingFX DerekUweri71
Nice! Well done!

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