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Alexander_Nikitin
Aug 9, 2020 3:50 AM

GBPJPY. At market Bat Pattern Short

British Pound/Japanese YenFXCM

Description

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:
Comments
Gold_Fish_Trading
i have the same view although scary flag,
Alexander_Nikitin
@Chinguyen, yep. the flag makes it dangerous. it will be a good confirmation if it breaks the flag down
nazmus-sadat-prottay
NIce work..
Alexander_Nikitin
movingpro10
Nice!!
Alexander_Nikitin
@movingpro10, thanks
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