tommyb35

Two Patterns, One pair

Long
FX:GBPUSD   Sterlina / Dollaro
Got two potential bullish patterns setting up on the Gbp/Usd. There is a bullish cypher pattern (my personal favorite) that will complete at 1.29840 and then a bullish bat pattern which will complete at 1.28657. Even though the cypher pattern is my favorite pattern to trade, I will not be taking this one. Risk/Reward always comes first for me, so I will be waiting for the bat pattern. Capital preservation is far more important to me than potential profits. How you decide to trade, is up to you. Either way, trade your plan and good luck!

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