TradingView
RaynLim
Jun 15, 2019 11:50 AM

GBPUSD-Weekly Market Analysis-Jun19,Wk3 Long

British Pound/U.S. DollarFXCM

Description

Have you seen how the bearish bat has formed up? Target1 with +25pips profit and Target2 exiting with +160pips profit in just 2 Trading Days. Target2 is an extension of targets, all if not most Harmonic Pattern Traders would have already existed long before it hit even 100pips for this trade.

After an extended short trade I took, I'm waiting for a buying opportunity by observing how the market opens on Monday.
More