GBPUSD 15min Bearish Bat Pattern Short

British Pound/U.S. DollarFXCM

Description

⋅ Jun 2, 2015 9:26 AM

A potential short opportunity at the completion of a bearish bat which is the 0.886 retracement of the XA leg

Stops need to go above X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D

Comments

dule85

⋅ Jun 2, 2015 2:37 PM

UPDATE
Got stopped out for break even on 2nd position

dule85

⋅ Jun 2, 2015 11:06 AM

UPDATE
TG1 got hit, moving stops for 2nd position to break even....