GBPUSD:Bullish Bat Pattern and 0.618RET
Updated
The bullish Bat pattern completed at 1.235 level and the 1.618EXT of AB is at 1.241.
The 0.618RET of previous rally is at 1.234 level.
Meanwhile the previous structure also works at this zone.
So it may be good to buy long at 1.235-1.240 levels when price action gives signals at the PRZ.
SL:below 1.230
TP1:1.247
TP2:1.256 and further more
The 0.618RET of previous rally is at 1.234 level.
Meanwhile the previous structure also works at this zone.
So it may be good to buy long at 1.235-1.240 levels when price action gives signals at the PRZ.
SL:below 1.230
TP1:1.247
TP2:1.256 and further more
Trade active
Trade closed: stop reached
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