PecaPetrovic

Possible Bullish in trend BAT Pattern on GBP JPY

Long
FX_IDC:GBPJPY   British Pound / Japanese Yen
Possible Bullish in trend BAT Pattern on GBP JPY.
Market is still in bullish trend due to fact that we steel do not have LL (previous low was on 148.385). If we get in yellow zone we can consider that as a complex pull back and look for entry reason for bullish opportunities (or aggressively enter, but I am not a fan of that). SL below X leg. Targets 0.382 and 0.618 Ret from High, which is around B leg and little bit more...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.