GBPUSD-Weekly Market Analysis-Aug22,Wk4 Long

British Pound/U.S. DollarFXCM

Opis

⋅ 21 sie 2022 14:26

The Daily Chart's Bullish Bat Pattern coincide with the 4-hourly chart AB=CD pattern that completes at the HOP level at 1.1824.

This is a counter-trend trading setup; a minimum of 3-bar reversal is required, especially in times like this.

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