GBPJPY - Bullish Bat
Like GBPUSD, GBPJPY also has a Bullish Bat setup that B point hasn't touch Fibonacci Retracement 50%. Although it is a similar setup, there are 2 things that GBPJPY came to a bit short compare to its big brother GBPUSD.
1. The Friday candle close haven't touched Point D.
2. Point C touches Point A candle body.
Where we can wait for #1 to fulfil but #2 is a warning sign and the minimum candle formation you need to see is a Bullish Engulfing candle at Point D.
1. The Friday candle close haven't touched Point D.
2. Point C touches Point A candle body.
Where we can wait for #1 to fulfil but #2 is a warning sign and the minimum candle formation you need to see is a Bullish Engulfing candle at Point D.
We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
tiktok.com/@raynlim
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
tiktok.com/@raynlim
Related publications
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.