TheForexSamurai

LONG on the GJ with 2 advance patterns

Long
TheForexSamurai Updated   
FX:GBPJPY   British Pound / Japanese Yen
13
We got two (2) potential LONG setups. A bullish pattern which is the Crab and a Shark that is already completed. Trade with care when going LONG.

Bull Crab Pattern: 139.81. Stops atleast a good 1:1 RR (Entry:SL = Entry:TP1)
TP1: 140.96
TP2: 141.65

Bull Shark Pattern (88.60%): 140.15. Stops below X point of the X structure or a good 1:1 RR.
TP1: 141.16
TP2: 141.80
Comment:
If you have taken either the Bull Shark or Bull Crab Pattern, TP 1 is already attained.
Comment:
Market price is hitting a potential upper TL. We want our long positions for the TP 2 is automatically put to BE. Good trade!
Comment:
TP 2 is already attained. Good trade.

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