TradingView
JasonGraystone
Apr 6, 2016 9:13 AM

GBPJPY - 4 Hour & Daily Bullish BAT Pattern Formation at Market Long

British Pound/Japanese YenFXCM

Description

Bullish Bat Formation at market

Initial Targets at the 382 and 618.

Stops below X

Been eyeing up this one for a while in the London Live Room.
Risk is too much for me but thought I would share anyway.

Good Luck
Comments
MichalC96
Was this one a valid gartley pattern?
JasonGraystone
Not for me. We didn't get the 618 on the B leg
ahmedfx

This is my view for Gbp jpy D1
EdW
I'm getting too old for this sh*t, I guess
RajaRashid
dont u worry soon it will hapen...............
JasonGraystone
yikes!
Kjetil_Johannesen
Jason, I have a question if you don't mind.

I'm waiting to see if price puts in a double bottom at X for a potential countertrend move.
Also got a 1.618 extension there from A to B. That would give me a CTS score of 5 IF I get a double bottom with RSI OB and divergence.

Would you consider the Bat as an additional score as long as price stays above X, or would you rule it out as my entry point would be beyond D-completion?
Need to specify this in my plan.

Kjetil
JasonGraystone
There is a good CTS score on this one. If you cant take the bat you can still certainly add it to your CTS score.
Akil_Stokes
Liking this one as well.
JasonGraystone
Not looking so good now. lol
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