GBPJPY potential Bat - BAAM theory

It's an harmonic pattern advanced strategy.

On Bat during the CD completion, if a candle close below the B point there is a highly probable chance that the price will complete the pattern.

I put the target at 2.242 AB projection, but the completion zone must be define better when C will appear, if it will.

We firstly must a candle close between 0.382 / 0.886 to complete the C point.

The SL will be the current ATR.

Komentar:

Finally the Bat has a 50% B retracement, we have to wait a H1 candle to close below the B point to take position.

I don't know how to update the chart with a pic sorry.

Order dibatalkan:

the price broke the X level.