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Ahmxd94

Potential bearish Bat setup

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Ahmxd94 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns GBP jpy GBPJPY Bearish Patterns Bat short
2
0
trendanalysis harmonicpatterns chartpattern gbp jpy gbpjpy bearish batpattern short
- bearish bat
- rsi approaching over bought 15 min chart
- higher price has been rejected about 4 times
- RSI divergence on the 4hr chart
- RSI is overbought on the Daily chart
- relief should be coming soon after this correction period, price could be shorted to 148.200
- price deviated from 20 ema on 4hr chart
- price has also reached weekly resistance from 2013-06
Comment:
T1 reached
T2 hit SL at 0
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