UnknownUnicorn180388

GBP.JPY - Bullish Bat & ABCD Pattern

Alış
FX:GBPJPY   İngiliz Sterlini / Japon Yeni
On the GBP/JPY 15min chart we have a potential long opportunity's at the D leg completion of a Bat Pattern and a ABCD move

ABCD completion - 169.834
Bat Pattern D leg completion - 169.637
Fibonacci Clusters - 169.685 (1.414%) - 169.665 (1.618%) - 169.642 (0.886%)

The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for Bat pattern is placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure support

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