GBP.JPY > Short Opportunity > 147.480

Jul 10, 2017

Currency pair - GBP.JPY
Chart time frame - 15min
Area of interest - 147.480 & 147.612
Chart pattern - Bearish Bat

Potential target 1 - 147.071
Potential target 2 - 146.815
Potential extended target - 146.600

Please implement your own due diligence prior to entering the market.

Jul 10, 2017

Note

If you entered at 147.480 your target 1 should now be attained.

Jul 10, 2017

Note

A step by step guide identifying a Bat setup.

Jul 10, 2017

Note

Target 2 should now be attained.

Please note this is not a position I placed due to insufficient confluence.