GBPUSD: bearish signal

2020-03-06 17:12:49

We did not quite get to see a reaction from the deep crab pattern from our previous post on this trade.

Now we have another shot at this, with the bat pattern.

This is just my personal trade idea.

I will target 61.8% of previous move, which is 38.2% on the chart, around B.
Target can also be A and maybe even an extension level such as the 161.8%.

Good luck to all trading GBP/USD