There's a long trade opportunity here on #GBPJPY with a potential bullish Bat pattern 88.6% XA (APF) + Divergence (4 times) and other confluences such as the 161.8% extension of the AB leg of the bullish Bat pattern and the daily/weekly support. Better for w4c or look for TRS setup.
Legends:
Blueline: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade
Red dotted line: Stop-loss order
Red dash line: Setup point of ruin (POR) @ 1.13
Greenline: Target profit order (TP1 @ 0.382/TP2 @ 0.618)
Legends:
Blueline: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade
Red dotted line: Stop-loss order
Red dash line: Setup point of ruin (POR) @ 1.13
Greenline: Target profit order (TP1 @ 0.382/TP2 @ 0.618)
Success, nothing less!
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.
Success, nothing less!
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.