TradingView
RaynLim
Aug 21, 2022 2:26 PM

GBPUSD-Weekly Market Analysis-Aug22,Wk4 Long

British Pound/U.S. DollarFXCM

Description

The Daily Chart's Bullish Bat Pattern coincide with the 4-hourly chart AB=CD pattern that completes at the HOP level at 1.1824.

This is a counter-trend trading setup; a minimum of 3-bar reversal is required, especially in times like this.
More