TomHall
Long

GBP.JPY - Bullish Bat Pattern - 155.835

FX:GBPJPY   British Pound/Japanese Yen
On the GBP.JPY 4 hour chart we have a potential long opportunity at the D leg completion of a Bat Pattern

The price reversal zone on this pair is between 155.835 & 154.746
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Fibonacci Confluence: 88.60% - 161.80% - 141.40%
AB=CD Completion: 156.806
RSI Bullish divergence

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 162.300
Stop loss would be placed below X leg structure support.

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Website: www.UKForexSignals.com
Instagram: www.Instagram.com/UK_Forex_Signals
Instagram: www.Instagram.com/Tom_Hall_Official
Twitter: www.Twitter.com/Tom_H_Official
Fatary
8 months ago
This pair has been destroyed sir .. some how down to what level.
+1 Reply
TomHall TOP Fatary
8 months ago
I am now personally in this trade so i am hoping this is the bottom :-)
Reply
TomHall TOP
8 months ago
This trade is now live.
Reply
ahmedfx
8 months ago
gbpjpy

any buy for this paire its a correction move i see 149 for long
Reply
TomHall TOP ahmedfx
8 months ago
Nice chart mate
Reply
ahmedfx TomHall
8 months ago
thx
Reply
mustard
8 months ago
I would guess lots of retail traders got roasted on this one.
+1 Reply
TomHall TOP mustard
8 months ago
I certainly did :-)
Many more setups available on this pair.
Reply
mustard TomHall
8 months ago
Well, showing a good bullish Butterfly pattern on my H4 and oversold levels on momentum indicators but I am still sceptical and not pressed the button yet.
Reply
mustard mustard
8 months ago
GBPJPY Bullish Butterfly
+1 Reply
TomHall TOP mustard
7 months ago
very nice setup
Reply
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