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UnknownUnicorn180388
Oct 29, 2015 3:20 PM

GBP/JPY - Bat Pattern 

British Pound/Japanese YenFXCM

Description

On the GBP/JPY 1h chart we have a potential short opportunity at the D leg completion of a Bat Pattern.

The price reversal zone is between 185.770 & 186.000 which is a strong psychological whole number.
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.

Website.
UKForexSignals.com

Learn To Trade The Bat Pattern.
Comments
zigic
perfect :) thank you for that one :)
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