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bt_cw
Jun 1, 2020 3:11 AM

GBPUSD — Bat Pattern Short

GBP/USDOANDA

Description

Price weakens the H4 Support Zone by going back up and forming up a bearish Bat Pattern.
This might be a potential trade as it is a trend trading + take profit 1 is before the weakened H4 support + a potential RSI divergence.
I am awaiting the pattern completion and confirmation to engage the trade.

Comment

This trade idea is invalid. The price just bashed through the Bat Potential Reversal Zone.
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