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Bullish Bat GBPUSD 4 Hour Chart

FX:GBPUSD   英镑/美元
We have a possible Bullish bat pattern forming on the 4 hr             chart for the GBPUSD             .

Price closed on Friday in an area of support where a lot of buyers are pushing the pair upwards

Looking at the Daily chart for this pair one can see 2 indecision candles formed in the last 2 trading days.


I will look at it in the morning to decide whether to go long at a breakout of the current support level and place my stops below it or to wait for the Bat Harmonic pattern to complete and enter a trade at the PRZ if there are signs of a reversal at that point.


交易开始: Entered with 2 trades at the breakout of the support going long
评论: Got out from this trade and took some profit as it looks like sellers got control of the market again.
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