On the GBPUSD I'm looking to enter short at the completion of this potential bearish bat pattern. Entry: 1.33310 Stop: 1.35765 Target 1: 1.28885 = R:RR 1.80 Target 2: 1.25253 = R:RR 3.28
I THINK GBPUSD GOING MORE DOWN TO C LEG AT 786 R 886 RETRACEMENT, NOW GBPUSD C LEG IS 38 PERCENT.
11021992
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@ShahidKhan, Thanks for sharing! Let's see what happens.
calhalla
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Do you really think GBP could go to 1.33 by the end of Feb? I cannot see it going above 1.25 before March with all the Brexit concerns and so on unless the USD has some serious issues. This is one chart I will keep an eye on though. Thank you for posting.
11021992
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@calhalla, Maybe Trump will do something stupid :P. I don't know if price will reach that high, but IF it does, I'll be ready for it.
fonnie
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hi is it gona rise from the C TO BULL TO D
11021992
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@fonnie, Hi. I don't know. What I do know, is that IF price goes from C to D, I will enter short from D based on this harmonic bat pattern.