GBPJPY - potential bullish bat + other reasons
This pair is retracing in previous structure which should act as support. A bat pattern may potentially complete very close to :
ABCD pattern
Golden fibonaccis (0.618 + 1.618)
145.00 price level
Aswell as this, RSI is also oversold.
These are enough reasons for me to set my orders on completion of the bat.
Targets set using structure
ABCD pattern
Golden fibonaccis (0.618 + 1.618)
145.00 price level
Aswell as this, RSI is also oversold.
These are enough reasons for me to set my orders on completion of the bat.
Targets set using structure
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