GBPUSD Bat Formation at Market Short

British Pound/U.S. DollarFXCM

Description

⋅ Apr 19, 2016 6:11 AM

Doing my analysis this morning and found that this Bat formation has completed.

Entry at market

Target 1 = 1.4230

Target 2 = 4176.

Could we be onto a continued hot streak in the live room this week?

Im expecting a draw down very soon!

Good Luck

tradeempowered.co.uk

Comments

ShelbySaturn

⋅ Apr 20, 2016 1:51 AM

Bats are meant to be traded with trend. We're currently seeing bullish characteristics so I would be wary.

JasonGraystone

⋅ Apr 20, 2016 4:33 AM

They are to be traded as I backtested them. I found the profitable regardless of the trend but thanks anyway

prince125700

⋅ Apr 19, 2016 12:13 PM

sl hit

MyTradeJournal

⋅ Apr 21, 2016 12:54 AM

pattern still in play on the daily

UnknownUnicorn300837

⋅ Apr 19, 2016 6:12 AM

SPotted that one during my analysis last night. Just got filled. Let's hope for the best :)