KelvinShamKaiMan

(EP #50) Kelvin Trade Ideas - GBPJPY Bat Pattern 2020-02-28

Long
OANDA:GBPJPY   British Pound / Japanese Yen
A bullish bat pattern is almost complete in four hour chart, it provides a potential reversal level from 141.370 to 141.100. In the daily chart, the market is in a sideways trend now, and the potential reversal level is near the bottom of the sideways trend, so I can mark a beautiful stop loss level easily. I will wait for the market to give me a confirmation signal which is near the potential reversal level, then I will decide should I long this market.

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