bat pattern gbpjpy buy
Updated
1 to 1 measured move, 161.8 extension of a to b to a, overall daily fibs at 61.8, all line up with a bat completion.
4 hr divergence drawn with red arrows on chart and rsi
on 1 hr current double bottom forming and even on 15 minute chart another bat formation
the gap closed with the wicks looking left at yellow bubble
I have entered on the 1hr double bottom with stops bellow my wicks however can await a 2618 after it breaks 1 hr neckline of double bottom for more conservative entry
disclaimer: all my setups are for my personal trading purposes you should only use my charts as confluence to your own ideals.....
4 hr divergence drawn with red arrows on chart and rsi
on 1 hr current double bottom forming and even on 15 minute chart another bat formation
the gap closed with the wicks looking left at yellow bubble
I have entered on the 1hr double bottom with stops bellow my wicks however can await a 2618 after it breaks 1 hr neckline of double bottom for more conservative entry
disclaimer: all my setups are for my personal trading purposes you should only use my charts as confluence to your own ideals.....
Trade closed: stop reached
Note
another trade with to tight of stops :(Note
:?
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