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RaynLim

Bullish Wedge that works

Long
British Pound / Japanese Yen (FX:GBPJPY)  
RaynLim  
FX:GBPJPY   British Pound / Japanese Yen
Wedge Support and Resistance Bat askforex100 GBPJPY combotrade Falling Wedge type2 Bullish Bat
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wedgepattern supportandresistance batpattern askforex100 gbpjpy combotrade fallingwedge type2 bullishbat
The Bullish Wedge pattern has shown a retest and respected the previous trendline. It is a good sign for traders who are looking for a buying opportunity.

Traders who are looking for buying opportunity might need additional confirmation, well, if you look right, the Type2 Bullish Bat Pattern provides you with the information that you need.
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