InsiderB
Long

Dual Patterns in GBPUSD : Crab & Bat Pattern

FX:GBPUSD   British Pound/U.S. Dollar
5 months ago
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 !
5 months ago
Comment: Good Trade. Booked all My positions.
Feels Happy to start Monday's like this :)

*** With Great Power, there comes Great Responsibility ***
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out