British Pound / Japanese Yen
Short
Updated

GBPJPY Bearish BAT complete

GBPJPY Bearish BAT complete

Ideal Entry: 130.00
SL: Above 148
TP1 :144.20
1P2:1 42.06
TP3: 137.50

Now we have Bearish Price Action
Therefore we can start to short.
of course you can wait for better entry
in lower time frame.
Note
ideal entry is 147.
sorry typo
Note
now is 145.80
+120 pip
Note
snapshot
Nice profit . break 145
please ready to take some profit at TP1
Note
now is 144.5, get ready to take some profit at 144.30
Note
TARGET 1 HIT
Note
GBPJPY breaks new low. Heading toward TP2
Note
TP2 HIT and now is 140.77
from 147.30 to 140.70 , 660 pips
Note
snapshot
Note
snapshot
Strongly recommend to take some profit at the Bullish Bat Pattern
D point
Trade closed: target reached
price hit 139.65. its good to take 90% of your profit.
Note
snapshot
Note
keep your rest position break-even SL protected
and let it run.
it may continue to fall to 137 or 132.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.