Josphat89
Long

GBPJPY FORMS BULLISH BAT AT TREND LINE SUPPORT

FX:GBPJPY   British Pound / Japanese Yen
36 2 3
GBPJPY             is trading in a rising channel .

Price action has formed a bullish bat and is trading at trend line support.

Its good to buy at the support.
IMO you need more than 1 other touch on a line to call it a trend line.. you can connect 2 points at any angle. Just saying
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Josphat89 dylanfahey
Yes thats ideally true. The bat worked out just fine. Took profit at 0.618 retracement of CD. Thanks.
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