GBP.JPY > Short Opportunity
Updated
Currency pair - GBP.JPY ( White )
Chart timeframe - 1hr
Area of interest - 142.297 & 142.735
Chart pattern - Bearish Bat
Potential target 1 - 140.903
Potential target 2 - 140.048
Potential extended target - 139.500
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Currency pair - GBP.JPY ( Blue )
Chart timeframe - 1hr
Area of interest - 141.894 & 142.735
Chart pattern - Bearish Cypher
Potential target 1 - 140.647
Potential target 2 - 139.877
Potential extended target - 139.500
Please implement your own due diligence prior to entering the market.
Chart timeframe - 1hr
Area of interest - 142.297 & 142.735
Chart pattern - Bearish Bat
Potential target 1 - 140.903
Potential target 2 - 140.048
Potential extended target - 139.500
----------------------------------------------------
Currency pair - GBP.JPY ( Blue )
Chart timeframe - 1hr
Area of interest - 141.894 & 142.735
Chart pattern - Bearish Cypher
Potential target 1 - 140.647
Potential target 2 - 139.877
Potential extended target - 139.500
Please implement your own due diligence prior to entering the market.
Note
If you entered at the D leg completion, both Cypher and Bat setups hit target 2.Please note i didn't take this position due to my rules not being met.
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