Potential Short trade

FX:GBPUSD   British Pound / U.S. Dollar
56 2 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 .....!!
Hey, mate. I'm trading bats consistently for along time. they are very effective if you know the tips. See my thoughts about bats.

+1 Reply
FX-Error Alexander_Nikitin
Great Tips Alex ..... really i Like Bat pattern and i trust it a lot .... Thanks For Sharing This .. !!
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