tommyb35
Short

MASSIVE Bat Pattern Short!

FX:GBPJPY   British Pound/Japanese Yen
There is a massive potential bat pattern on the GbpJpy             that will complete @ 133.446. You can trade this like a normal pattern and take your targets at the .382 & .618 fib retracements(Red and Green on the Chart). Or you can use this as an alternate entry for a long term trend continuation trade(Black and Blue on the chart), since this is with the overall trend of the market. If you choose to use this as an alternated entry, just know that this is going to be a longer term hold. Either way you take your targets, this still presents a great opportunity if you are an advanced pattern trader. Good luck and Good trading.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out