RaynLim

Navigating the Bullish Trend

Short
FX:GBPUSD   British Pound / U.S. Dollar
Based on the Weekly Chart, GBPUSD is on a Bullish Trend, but that doesn't mean we can't look for a shorting opportunity. I've been eyeing the Upsize Trade, which is perfect if you love to extend targets.

Recently, the Bearish Bat Pattern has been confirmed on the 1-hourly chart. I'm waiting for the market retest back to 1.2245 for a shorting opportunity. If things go well, I might stretch my final target to the Bullish Shark Pattern completion on the Daily Chart at 1.1937.

Just wanted to keep you in the loop. Let me know if you have any questions or concerns.

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