FX-Error

Potential Short trade

Short
FX:GBPUSD   British Pound / U.S. Dollar
0
Actually We have:
1-Bearish Bat pattern
2-Ab=CD (B Point is 78.6 --- D Piont is 1.272)
3-Supply Area At the Complation of Harmonics patterns

-we can Sell the Pound from 1.5405
-Our Stop must be beyond the supply area and (x) point of the Bat Pattern (1.5450 is so good)
-Our Target is 0.382 of ( XA ) leg of the Move
-We can Also Shoot to 0.618 of ( XA ) Leg.... but not recomeded because we are in a Down Trend

Be Sure to Be Ready
Thanks .....!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.