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emiltw
Nov 4, 2015 11:08 AM

Bearish Bat Pattern on GBPJPY Short

British Pound/Japanese YenFXCM

Description

Bearich Bat Pattern spotted on GBPJPY,
we will go for SHORT position with a nice Risk:Reward ratio.
Target Profit: 183.20
Stop Loss: 189.00

Trade closed manually

Currently price profiting 120 pips,
since the chart pattern had formed a double bottom,
we are not suggesting to continue sell anymore,
will suggest to close this trade.

Trade closed: target reached

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