FX:GBPJPY   British Pound/Japanese Yen
988 2 27
On the GBP/JPY             4h chart we have a potential short opportunity at the D leg completion of a Bat Pattern .

The price reversal zone is between 187.404 & 188.264 however we have a strong psychological whole number at 188.000 which will also be a key area to watch.
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance .

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Learn To Trade The Bat Pattern .
How To Trade The Bat Pattern.
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Nice
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good also 5 wave WW
+1 Reply
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