Alexander_Nikitin

gbpusd bull bat pattern

Long
FX:GBPUSD   British Pound / U.S. Dollar
hey traders. Here's a bat pattern. Nice opportunity to enter long. Those of you who is somehow familiar to this pattern know it's effectiveness. It's about 60% accuracy. This pattern provides very low risk as compared to reward. usually it is 1 to 1,3 for target #1 and 2,2 for target #2. Having such a risk to reward ratio you don't need to be right more then 50%. You can easily make money trading only bats. Isn't it simple?

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