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Alexander_Nikitin

GBPJPY. At market Bat Pattern

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Alexander_Nikitin Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns
102
6
trendanalysis harmonicpatterns chartpattern
An at market Bat Pattern is on the chart. Note, that a Bat Pattern is a Harmonic pattern. It requires some type of ab=cd measurement. When you hear "Harmonic" you should think "Symmetric".

In this very pattern a Potential Reversal Zone is formed by a 1.272ab=cd complemented by 0.886XA.
Comment:
This will be a nice guide:
Hamronic patterns ratios guide.

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