GBPJPY 15M - Potential Bat Pattern Long @ 159.27
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.
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Pattern no longer valid
