Dual Patterns in GBPUSD : Crab & Bat Pattern

FX:GBPUSD   British Pound / U.S. Dollar
We have dual pattern formations in GBPUSD             daily timeframe . Bullish bat pattern and Bullish deep crab pattern but both the patterns gets completed in same area.

In daily charts of GBPUSD             crab pattern is not visible very clearly but when you move down to 4hr charts crab pattern is very clear and Bat pattern also completes in the same zone of crabs D completion. The D point comes exactly in our marked support zone of GBPUSD             .

Here we can fix Stops in two ways. Either you can fix stops below X levels or as shown in above chart and in both ways there is good risk reward .

Hit Likes to Agree / Comment your views...
Happy Trading !
Comment: Good Trade. Booked all My positions.
Feels Happy to start Monday's like this :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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