Taking an Aggressive Approach for Extended Targets

After a considerable wait, the bullish bat pattern has finally been completed, indicating a potential buying opportunity for traders.

However, conservative traders may want to wait for the candlestick to close at 1.2463 before entering the trade.

On the other hand, I took a more aggressive approach and entered the trade today, given the presence of two extended targets on the GBPUSD trade.

It will be interesting to see how this trade progresses, and I have placed a safe house at the traditional first target of the Bat Pattern to manage my risk effectively.