xela75

Next week: Bat Pattern GBPJPY?

Largo
FX:GBPJPY   Libra esterlina/Yen japonés
A bat pattern could be forming at GBPJPY maybe next week. Point D lies within a minor S&R zone between two major S&R zones. First target is also at a minor S&R. Target 2 is at 50% retracement of A->D as there is a major S&R zone, and for me it's not of a high probability that a target at the A->D .618 retracement is reached (risky).

Entry: 142.660
S/L: 140.288
T1: 146.447 (RR 1:1.6)
T2: 147.705 (RR 1:2.13)

If both targets are reached and you put on your trade 50/50, the overall RR is 1:1.86.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.