Hey, mates. Pay attention to this level of 1.2350s. This is not the first time price bounces off from here. Recently I posted a bullish bat advanced pattern on this pair terminating at this very level. And now we have a butterfly advanced pattern terminating at the same spot. As usual I attach the screenshot of this trade with entries stops and targets in comments. Feel free to check it.
Awesome, thanks for sharing I was watching for the completion of this bearish bat (tradingview.com/chart/GBPUSD/aEMmC4da-GBPUSD-May-Complete-Bearish-Bat/), but not sure it will make it to the entry point. In that case I will definitely be watching this level for the completion of this butterfly. Good luck!
Alexander_Nikitin
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Hey, here's the screenshot I was talking about. Pattern Search Software drew it this way: prntscr.com/ebeetv