nsawa
Long

GBP/USD daily Bullish Bat

FX:GBPUSD   British Pound / U.S. Dollar
87 1 2
If the trendline and the support line holds, a probable move up as a trend continuation at 0.886 of XA, TP3 is along the upper trendine (or the higher high extension), will wait to see price action candlestick formation
I just noticed that according to Cartley, if AB is at more than 0.5 for XA it should invalidate the Bullish bat which put us in either a Bullish crab at probably 1.6260 or a Bullish Gartley with the buy along the trendline. However the weekly a 5 weeks straight losing battle to beat the resistance level at 1.65 so I must say it sure is a time to wait on this.
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