marco_casario
Short

GBPUSD Epic Gartley but pay attention to left structure

FX:GBPUSD   British Pound/U.S. Dollar
Bat
173 1 4
The long-awaited Bat pattern on GBPUSD             has been completed right now.
We're talking about a very deep pattern.

I'll be prudent to enter this trade and I'll wait until a Double Top will be formed.
Let me explain you why: if you look left you'll find a structure that you need to consider when setting the stop loss for the BAT. But with this stop loss the Risk/Reward ration is (less than) 1.
I don't like trading in this scenario.

So I'll be patient and my entry will be higher around the 1.5668

Doing that the risk/reward is about 1.3

Good luck with this trade !!
i have same setup
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