Trade Ideas Position: GBPUSD Bat by raynlim on

bearish bat setup as a trend trading opportunity on GBPUSD . What interest me is the consolidation occurs after pt B and pt C are formed. 

This gives a potential bullish flag formation hitting an AB=CD setup. 

Sadly the RSI is not on the oversold area, so I have to watch this closely. It will have a great reward:risk, however, I do believe is a torturous wait for it to hit targets or stop.

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