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UnknownUnicorn180388

GBP.USD - Bullish Bat Setup - 1.2062

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Paun British / Dolar A.S. (FX:GBPUSD)  
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FX:GBPUSD   Paun British / Dolar A.S.
ukforexsignals LONG buy Bullish Patterns Harmonic Patterns advancedpatterns GBPUSD gbpusdlong xabcd
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ukforexsignals long buy bullish harmonicpatterns advancedpatterns gbpusd gbpusdlong xabcd
On the GBP.USD Daily chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.

The price reversal zone on this pair is between 1.2062 & 1.1986
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at 1.2550
Stop loss would be placed below X leg structure support.

Target 1 - 1.2310
Target 2 - 1.2455
Komen:
Daily and 4hr chart update.

GBP.USD - Buy Stop Order
Komen:
Price approaching D leg completion at 1.2062
Komen:
Penafian

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