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benalistarfx
May 31, 2022 12:51 PM

Potential 🦇 Forming!  

British Pound/Japanese YenFXCM

Description

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GBP/JPY - Potential Bat pattern forming here, price is bearish on the Daily, i'm hoping we get a push into that Daily supply then a nice rejection/reversal confirmation so we can take this short breaking that momentum line/capturing liquidity, riding it down to the D point!

Let me know you're thoughts!

* Disclaimer **

These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
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obaniludavid
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