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memoo040607

GBP/JPY Bat Pattern

Short
British Pound / Japanese Yen (FX:GBPJPY)  
memoo040607  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns
2
0
trendanalysis harmonicpatterns
This analysis is combination of harmonic pattern and trend-line

GBP/JPY form a Bat Patter at the same time hit a strong trend-line anticipating that the market will going down.
Market is oversold in 4hr time frame and there is a RSI Divergent.

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