The price is approaching completion level of this potential Bullish Bat Formation on 1H, GBPJPY.
I don't like that huge wick at A leg but we can't always be expecting market providing the clearest patterns. This is nice counter trend opportunity with lovely risk/reward of more than 1:1.
Stop as usual below X
I don't like that huge wick at A leg but we can't always be expecting market providing the clearest patterns. This is nice counter trend opportunity with lovely risk/reward of more than 1:1.
Stop as usual below X
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.