GBPJPY - Bearish Bat on Sideway Bounce

A bearish Bat Pattern appears on the 4-hourly sideway bounce formation. I've almost missed this trade as there's a gap down with a different candle on Point C that's painted on my Live Trading Account on my MT4. It is a good practice to cross-check your charts on Monday especially when there is a gap, these are good practices of a trader.

I've engaged the trade as the trading setup gives a very tight stop with a great profit projection.

Trade closed: stop reached

Hit SL 141.54(-39){trade exit}

RaynLim

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RaynLim

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