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JasonGraystone
Feb 22, 2016 8:28 AM

BAT Pattern GBPUSD (Bullish) Long

British Pound/U.S. DollarFXCM

Description

Looking at this bat pattern completion at 1.4207

Stops would need to go below X

Looking at target 1 at 1.4363
Target 2 at 1.4483

tradeempowered.co.uk
Comments
Deanbotha9
Man, so far today has not been good for my patterns
Kjetil_Johannesen
I also have a bat on the radar here, but a slightly bigger one with X-leg @ 1.4079's.
Still waiting to see if I will be filled. From what I can remember, that would be too big for your liking and tradingplan, Jason?
Anyway, hoping we all can see some profit on this one. :)
JasonGraystone
Yep! I cant take this pattern. Im looking at structure and im expecting a move down to 1.3746s
UnknownUnicorn325507
Think still has further downside
JasonGraystone
I Agree. We have been saying for weeks that we expect 1.3750's to be tested
Alexander_Nikitin
I try to avoid patterns having gaps within CD leg.
UnknownUnicorn300837
Had that one on my radar as well. Had to wait for price to push a bit lower as stop was too big at D completion.
Got filled in a few minutes ago. Let's how this one goes :)

See you tomorrow in the live room
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