coffeteaorme

GBPUSD ABCD Pattern? Target A?

FX:GBPUSD   British Pound / U.S. Dollar
692 4 40
Combining ideas for better entry
dropppinggg
+1 Reply
I see a bullish bat pattern.
Reply
I would agree. I am placing my target at 1.2991 and my stop at 1.2905. If the pair gaps up I will likely wait to see if they close the window before entering my trade.
Assuming I reach my target I will be looking for a retracement to the 38.20% fib level and then deciding on whether or not to enter another long trade.
Reply
coffeteaorme michael6malone
Looking good!
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out