There are 2 potential patterns forming up on the GBPJPY 15M. A long @ 160.68 and a Bat short @ 163.39.
For the Long @ 160.68:
Stops below X (which is at 160.14)
Target 1 @ 161.61
Target 2 @ 162.19
For the Bat Short @ 163.39:
Stops above X (which is at 163.85)
Target 1 @ 162.03
Target 2 @ 161.18
Remember to make sure these fit your plan and your position sizing is accurate as the stops are quite large on these.
As always, targets will be adjusted should the patterns fill.
Target 2 stopped out at break even.