lewglasgow
Short

GBP/JPY - Bearish Bat

FX:GBPJPY   British Pound/Japanese Yen
Here we have an extended bearish bat pattern, this time we are looking at GBP/JPY             on a 4h chart with a this perfect shorting opportunity.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

As you can see our pair is approaching a major turning point in the market, I would like to see price stall out in this area before making a move lower.
Learn How to Trade the Most Advanced Market Patterns: https://www.sixfigurecapital.com

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Lewis Glasgow, Creator of Six Figure Capital.
SmartTradingFX
9 months ago
Love this!
+1 Reply
lewglasgow TOP SmartTradingFX
9 months ago
Thank you!
Reply
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