TradeYodha

#GBPJPY 2618 Trade Short and Long Ideas (Bat Pattern Formation)

Short
TradeYodha Updated   
FX:GBPJPY   British Pound / Japanese Yen
#GBPJPY 2618 Trade (Bat Pattern Formation) (TradeYodha.com @TradeYodha)

1. Double top formed with bearish divergence
2. Price may go upto retest 61.8 retracement and 200sma to give short opportunity
3. Target will be at completion of bat pattern where 200sma is located

tradeyodha.com/2015/...t-pattern-formation/
Trade closed: stop reached:
long entries were stopped out
Trade closed: target reached:
Short entries worked

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.