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GBPJPY Double Bottom Pattern H1 Chart

GBPJPY Double Bottom Pattern H1 Chart

Instrument GBPJPY
Time Frame H1
Link to Live Chart
Post Date 11.27.2019
Fundamentals Weak Yen
UK Polls
Data to watch NON – TECHNICAL
Technicals SMA100 H4 SUPPORT
MM 3/8 H4 Bottom Of the Trading Range
Main Trend Bullish
Direction in The Chart Neutral
Pattern/ Signal Double Bottom
Trade Signal Buy
Accuracy 62%
Backtest Performance / Levels
Total Patterns Found 41
Average Win 58%
R/R 1:3
Estimated Completion Time 2-12 H1 Bar
Entry 1 140.190
Entry 2
Invalidation Level ( Stop Loss) 139.900
Target 1 141.350 / TARGET OK
Target 2
Target 3
Ultimate Target:
Note: Cypher Pattern and 1.13 Extention Short Opportunity. Details later.



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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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