GBPJPY Bullish Bat And Potential Long Opportunity
CHART TIMEFRAME: H1
DESCRIPTION: As seen on the chart, GBPJPY completed Bullish Bat Pattern at D Fibonacci 0.836 of XA – 146.040 – We may see a retracement towards Fibo 61.8 of XA and BC
AREA OF THE ENTRY: 146.250
TAKE PROFIT 1: 146.650
TAKE PROFIT 2: 147.000
UPDATE: TP1 REACHED 45 PIPS. Close 30% of the positions move SL to entry and wait for the second target.
UPDATE: TP2 REACHED 75 PIPS TRADE CLOSED.
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
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