Hello Traders,
I have spotted alternate bat pattern on GBPUSD hourly chart. Potential Reversal Zone (PRZ) overlaps with previous structure support. It looks like a high probable area for reversal. This potential set-up has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.2 for Target-2.
Follow this idea for further updates.
Happy Trading.
I have spotted alternate bat pattern on GBPUSD hourly chart. Potential Reversal Zone (PRZ) overlaps with previous structure support. It looks like a high probable area for reversal. This potential set-up has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.2 for Target-2.
Follow this idea for further updates.
Happy Trading.