Andy_Parrish

GBPJPY 15M - Potential Bat Pattern Long @ 159.27

Long
Andy_Parrish Updated   
FX:GBPJPY   British Pound / Japanese Yen
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.
Order cancelled:
Pattern no longer valid

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