tommyb35
Short

Massive Bat Pattern

FX:GBPJPY   British Pound/Japanese Yen
There is a Massive Bat pattern on the Gbp/Jpy             . Now it almost completed, it was about 15 pips short, which can be a potentially good thing. Since this pattern can have between 150 - 200 pips of risk depending on how you place your stops, if Price action will push back up and double top with bearish divergence you can then enter NBM and drastically reduce your risk placing stops above the double top as opposed to above the X leg. Either way this pattern has huge potential if you can accept the risk. As always follow your plan and good trading.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out