TomHall
Short

GBP.USD - Bearish Bat Setup - 1.3265

FX:GBPUSD   British Pound/U.S. Dollar
On the GBP.USD 1H chart we have a potential short opportunity at the D leg completion of a bearish Bat setup.

The price reversal zone on this pair is between 1.3265 & 1.3289
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat Setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 1.3095
Stop loss would be placed above X leg structure resistance .

Target 1 - 1.3184
Target 2 - 1.3135

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