GBPUSD > Possible Bullish Harmonic Bat Pattern.
Updated
Analysis on #GBPUSD
The GBPUSD has a possible bullish harmonic bat pattern that might complete near a strong demand zone where the market rallied 2.14% or 286 pips.
>> If the market comes to my structure support zone where the market turned bullish in the past, I will then look for a buying trade with a good risk to reward if the entry rules are met.
Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
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Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
The GBPUSD has a possible bullish harmonic bat pattern that might complete near a strong demand zone where the market rallied 2.14% or 286 pips.
>> If the market comes to my structure support zone where the market turned bullish in the past, I will then look for a buying trade with a good risk to reward if the entry rules are met.
Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
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