On 
GBPJPY, the market moves sideways on 1H bars. There is no clear direction bias. We all know that when the market moves sideways, it could be opportunity for Harmonic Pattern traders.
It is a resistance level at 186.13. It is also X leg of this potential Bat Pattern. The market were close to that level few times but it was rejected as many times. It is more likely that resistance level still bounce the price again. Retracement is expected on that key zone. In addition, there is a potential Bat pattern, which increase probability of this trade. Thus, if this harmonic pattern becomes valid and finishes its last leg then it is possible to go short. This set up gives us nice risk/reward.
T1 - 38.2%
T2 - 61.8%
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GBPJPY, the market moves sideways on 1H bars. There is no clear direction bias. We all know that when the market moves sideways, it could be opportunity for Harmonic Pattern traders.It is a resistance level at 186.13. It is also X leg of this potential Bat Pattern. The market were close to that level few times but it was rejected as many times. It is more likely that resistance level still bounce the price again. Retracement is expected on that key zone. In addition, there is a potential Bat pattern, which increase probability of this trade. Thus, if this harmonic pattern becomes valid and finishes its last leg then it is possible to go short. This set up gives us nice risk/reward.
T1 - 38.2%
T2 - 61.8%
-----------------------------------------------------------------------------------------------------------------------------------------------
Do you Trade Binary Options? Check out the best binary options brokers at binaryreviewed.com
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。