GBPUSD
Finally we came out on top of the box!!
Let's see if it isn't a false breakout...
My expectations:
- Complete the Blue Bearish Bat Pattern at D, this price zone is the limit to the Point C for the Pink Bullish Bat Pattern, the 88.6% AB retracement;
- IF the price continue an upward movement, it can meet the Crab around the 1.63 providing us with new Short opportunity. (THEN)
Bat Pattern Objective:
Enter Long or Short at D
Point B:
38.2% to 50% XA (or close below/above point A)
Point C:
38.2% to 88.6% AB
Point D
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD
Check ratios and targets:
Safe trades;
open.spotify.com/tra...lH7ogIKdnvt6jj7yTmNG
