J1bsFx

GBPJPY - potential bullish bat + other reasons

Long
J1bsFx Updated   
FX:GBPJPY   British Pound / Japanese Yen
5
This pair is retracing in previous structure which should act as support. A bat pattern may potentially complete very close to :

ABCD pattern
Golden fibonaccis (0.618 + 1.618)
145.00 price level

Aswell as this, RSI is also oversold.

These are enough reasons for me to set my orders on completion of the bat.

Targets set using structure
Trade active
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