2 BATS?

Hello traders! We are monitoring the development of a second Bat pattern developing here on the Euro Pound. We are just below a resistance area and we might see a pullback after we get our D point to complete this pattern. It's a minor downtrend so a setup like this would give us another short opportunity that may create a right shoulder as well. This is an idea and so we would wait to see confirmation before placing these orders. We are also looking at an ABCD pattern which I won't exploit in this publication. We will be monitoring price action at the potential reversal zone (PRZ).

Traders should not predict the market but react from it. Trade smart, don't gamble!