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Andy_Parrish
Mar 2, 2016 4:30 PM

GBPJPY 15M - Potential Bat Pattern Long @ 159.27 Long

British Pound/Japanese YenFXCM

Description

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Pattern no longer valid
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