GBPJPY 4H Chart. Bearish bat Pattern Short

British Pound/Japanese YenFXCM

Description

⋅ Nov 3, 2016 1:26 PM

Price on trendline forming a bearish bat pattern , B point tail at 0.618 , however body is still in 0.50 so i consider that as a bat.

Comments

bbatrading

⋅ Nov 3, 2016 1:30 PM

There's also a double-top which indicates a drop.