Hi all,
Looking at a potential Bat Pattern Long on GBPJPY 15M @ 159.27. The overall trend on this pair is bullish so a good chance to hop on here, but keep in mind the 160.00-160.50 level is a previous support area so could provide resistance so don't shoot for the moon and make sure your stops are set right.
Stops Below X
Target 1 @ 159.76
Target 2 @ 160.07
Target will be adjusted should the pattern complete.
Looking at a potential Bat Pattern Long on GBPJPY 15M @ 159.27. The overall trend on this pair is bullish so a good chance to hop on here, but keep in mind the 160.00-160.50 level is a previous support area so could provide resistance so don't shoot for the moon and make sure your stops are set right.
Stops Below X
Target 1 @ 159.76
Target 2 @ 160.07
Target will be adjusted should the pattern complete.
Order cancelled
Pattern no longer valid
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Related publications
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.