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DKrastev
Oct 13, 2016 5:53 PM

Potential Bearish Bat on the 1h of GBPJPY Short

British Pound/Japanese YenFXCM

Description

There is a potential Bearish Bat completing at 127.48 before the bigger Bearish Gartley. Stop is above X, target 1 at 38.2, target 2 at 61.8.

Trade active

Trade active, entry at 127.48. Targets stay 38.2 and 61.8, but we have to measure them from A to the highest point after the entry.

Trade closed: target reached

Adjusted target 1 of 38.2 from A to the highest point after the entry was reached for +34 pips. Stop now moved to breakeven.

Trade closed: target reached

Adjusted target 2 of 61.8 also reached for +50 pips.
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