My Ironclad Rule

"It's not how many pips you make, It's how much risk you take"

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Thursday, April 8, 2010

GBPJPY : Bullish Bat


This is a very accurate pattern for Bullish Bat. X is at 139.70 while B is 0.500 XA at 142.05. C is 0.618 AB at 143.80 while D is projected to be in the yellowed zone which is at 1.618 projection of BC at 140.34 or 0.886 XA at 140.3. 

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