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Ahmxd94

bearish bat set up

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Ahmxd94  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators GBPJPY GBP jpy short
1
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trendanalysis chartpattern indicator gbpjpy gbp jpy short
- bearish bat pattern in line with previous resistance
- price deviated from 20 ema on Daily
- price hitting 20 ema on 4hr as resistance
- rsi approaching resistance on 1hr and shows bearish divergence
- great R:R
* However I have entered early as my risk is reduced and the .886 fib entry is past resistance.
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