GBPUSD, Bat&AB=CD&Support Level, 4H,--
AB=CD and Bat pattern completed on suppor line. But down trend is strong. So I dont think to enter buy position with this pattern. There are two ways be followed.
1-) If price closes under red area, we can enter sell position.
2-) If price closes above blue area, we can enter buy position.
1-) If price closes under red area, we can enter sell position.
2-) If price closes above blue area, we can enter buy position.
Trade active:
Price closed above red area.
Trade closed: target reached
