On the GBP.USD 15min 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 1.2394 & 1.2380 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 opportunity to look for extended targets at 1.2491 Stop loss would be placed below X leg structure support.
@tomhall, Thank You Sir.. Can you please tell me how many time expect to reach target 2 ?
UnknownUnicorn180388
⋅
@PasinduRashmika, All that we can do is base targets on historical data showing it has an edge over the market, the timescale on which it hits targets is unknown.
PasinduRashmika
⋅
@tomhall, Oh.... it's ok.. Any way Thank again for your support..