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RaynLim

GBPJPY - Bearish Bat

Short
British Pound / Japanese Yen (FX:GBPJPY)  
RaynLim  
FX:GBPJPY   British Pound / Japanese Yen
Bat Harmonic Patterns Support and Resistance askforex100 GBPJPY Bearish Bat countertrend rangebar rsidivergence
10
0
batpattern harmonicpatterns supportandresistance askforex100 gbpjpy bearishbat countertrend rangebar rsidivergence
A Bearish Bat pattern forms in the GBPJPY Range Bar chart which is great news for countertrend traders.

This is so because the GBPJPY it's pretty much on a sideway movement on the higher timeframe. Furthermore, it seems to respect the resistance level on the 1-hourly chart.
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