TheTradersAvenue

GBPJPY > A Possible Bearish Harmonic Bat Pattern!

Short
OANDA:GBPJPY   British Pound / Japanese Yen
Analysis on #GBPJPY

The GBPJPY forming a possible bearish bat pattern might complete near a strong resistance level where the market showed some bearish momentum.


>> If the market comes to my structure resistance zone near 157.50 where the market turned bearish in the past, I will then look for a selling trade with a good risk to reward if the entry rules are met.

!! Major news coming tomorrow for GBP, safe trading.

________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!

Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*

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.