GBPCAD Bullish bat harmonic pattern ( 4 H )

Here we potentially have the making of a bullish bat pattern.

This pattern utilises a very small stop loss with the following criteria displayed on the chart.

The B retracement point can be seen at 0.5 XA.

Entry point being 88.6 % XA

Stop loss 100% XA

BC projection 224%

Also denoted on the chart close to entry is a 1.27AB=CD.

Would like to see price break this levels in one clean bearish move.

Dagangan ditutup: sasaran tercapai:

Trade Closed target exceeded