GBPJPY - Sharks Attack expected II

GBPJPY Weekly Analysis

• Bullish BAT 0.886 almost Completed (Hedging Lock, Stop Below Red LIne)
  
• Potential Bearish Shark Pattern Target 0.886
  
• Potential Bullish Shark Pattern 0.886 (unconvincing a-c?)
  
• Potential Hidden Bearish BAT Pattern 0.886 (Weekly Timeframe)
  
• Support and Resistance
  
• Moving Averages
  
• Fibonnaci Retracement Level
  

Comment:

Hedging Strategy/b]

• Lock Profit below 2nd red line +10
  
• Setup Buy limit order 0.886 Stop below last red line
  

Comment:

• Wave (a) has been reached
  
• Shooting star Doji detected
  
• Buy order closed
  
• Waiting (b) wave or setup continuation above blue line (candleclosed)
  

Comment:

~ The Money Journey

Trade closed: target reached