GBPUSD. Bearish Bat pattern meaning end of a correction

15 Oca 2017

GBPUSD pair is probably forming a bearish Bat pattern with three legs already completed. I expect a beginning of a new leg up which would mean the last leg of a bullish correction before further decline for the Pound.

Will open a long position at the nearest dip, setting a Stop-Loss order at 1.19 and Take-Profit order at 1.3350

P.S. Notice a curious candle on a Weekly chart before the market opening =)

15 Oca 2017

Not

Looks like we begina week completing the bearish Cypher first

17 Oca 2017

İşlem aktif

And here we go! From now moving on, GBP is a "buy-the-dip" story

28 Oca 2017

Not

Remember: buy the dip!

23 Nis 2017

Not

Three months trade doing well for now

26 May 2017

Not

Since January 2017 , unfortunately I´ve achieved to stack only 3 positions: 2 at 1.20 and another on March at 1.22.

I closed the most recent position at 1.30, keeping now 2 longs from 1.20. If I see Cable below 1.25 for me that would mean and end of a correction and new impulse down with targets below 1:1.

8 Haz 2017

Not

Getting ready to add longs around 1.257

3 Ağu 2017

İşlem kapandı: hedefe ulaştı

Almost there but I don´t really mind closing the position here