Trade Ideas Educator: GBPJPY Bat

117
Having Point C touches Point A, this isn't my favourite bat pattern, hence, I didn't place a pending order nor engage the trade right after.

Having an uptrend channel with an RSI Divergence does give me some temptation in engaging the trade but not as enough as the channel was broken.

I will then wait for a retracement for a shorting opportunity.

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.