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KarYong
Jul 21, 2014 10:14 AM

GBPJPY: Potential Bat Pattern Long

British Pound/Japanese YenFXCM

Description

Potential long entry based on Daily Bat pattern
Comments
mustard
I am currently watching a potential Butterfly pattern forming on the H4, with XA starting at the low of 30th June, the CD leg would complete at 171.542, which complements your pattern here.
tntsunrise
I won't choose the X to be here. In fact, this is a THREE DRIVE PATTER, I agree with the AB=CD, but the BAT is a bit weird
Mr-Marxman
"X" must be the highest or the lowest of the swing, right..?
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