Trade Ideas Position: GBPJPY Bat

Long

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

harmonicpatterns batpattern supplyanddemand askforex100 gbpjpy bullishbat rsidivergence countertrend

A bullish bat pattern on a countertrend trading setup came in as an opportunity for countertrend traders. The setup seated on the supply and demand zone and I'm waiting for the 1-hourly candle close for trade confirmation.

I may extend target level.

Trade active:

Target1 Attained +27pips
SLP: 140.07(+56)

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