FX:GBPUSD   British Pound / U.S. Dollar
It looks like the British Pound is going to tap our entry point for a bearish bat pattern. In this trade I have highlighted my risk/reward ratio for advanced pattern setup's. My trading plan calls for a 70% risk/reward between target #1 and my stop loss. With this rule in mind I have placed my stops above the previous structural pivot point . If your trading plan calls for a different stop placement, there are plenty of ways to still make a trade on this pattern. Good luck!

Become a Native of the Forex Market:
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out