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UnknownUnicorn180388
Jan 14, 2016 5:42 PM

GBP.JPY - Bearish Bat Pattern Short

British Pound/Japanese YenFXCM

Description

On the GBP.JPY 15min chart we have a potential short opportunity at the D leg completion of a Bat Pattern

The price reversal zone on this pair is between 171.00 & 171.280
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the A to D move.
Stop loss would be placed above X leg structure resistance.

Website.
UKForexSignals.com
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