GBPJPY - Bearish Bat

A Bearish Bat pattern forms in the GBPJPY Range Bar chart which is great news for countertrend traders.

This is so because the GBPJPY it's pretty much on a sideway movement on the higher timeframe. Furthermore, it seems to respect the resistance level on the 1-hourly chart.
askforex100BatBearish BatcountertrendGBPJPYHarmonic PatternsrangebarrsidivergenceSupport and Resistance

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