TJtrader
Long

Bullish BAT advance pattern at 161.8% extension of AB leg

FX:GBPJPY   British Pound/Japanese Yen
76 1 3
Here is a LONG opportunity on GBPJPY             a bullish BAT a little extended over 88.6, but has reach 161 extension of the AB leg. The down trend started to loose momentum and few news from JPN             and GB             soon, we might see a nice rally.

Please comment.
Too strong Downtrend to be reversed by an advance pattern, however we can see some support coming into play this may lead to the end of the downtrend, who knows!
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