A bat pattern could be forming at GBPJPY maybe next week. Point D lies within a minor S&R zone between two major S&R zones. First target is also at a minor S&R. Target 2 is at 50% retracement of A->D as there is a major S&R zone, and for me it's not of a high probability that a target at the A->D .618 retracement is reached (risky).
Bro do u still see the bat forming... i mean 142 is way too low....
xela75
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@praveenfx, you are absolutely right. I just mixed that bat up with another one. This is on daily and will definitely not be ready by next week. Sorry for messing up.