Two patterns for GBP/USD, corrective bearish Bat and a projected bullish AB=CD pattern.
Trade 1 short (RvR ratio 2.17) Entry: Close below 10SMA or at market S/L 1.3448 T/P: 1.3337
Trade 2 long (RvR ratio 5.4) Entry: Close above 1.3337 S/L: 1.3300 T/P 1: 1.3473 T/P 2: 1.3556 As always, scale out your profits and adjust your stop/loss to suit your personal risk management profile.
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