gabrielvarvik

Bearish bat pattern

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FX:GBPJPY   英鎊 / 日圓
We are looking at a bearish bat pattern here. Just waiting for it to complete, and if it does i'm going to try to catch some pips on the way down. The price has also completed a smaller butterfly pattern, and a AB=CD. You can see the butterfly here:
I'm going to wait for the bat to complete, and then wait for some bearish PA. IF i get some bearish PA, THEN i'm going short on this pair.

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