Couple of potential long opportunities on the GBPJPY H4 chart

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There could be a couple of potential entries if you were wanting to get long GBPJPY over the coming days. The first over on the left hand side is an advance fib pattern in the form of a bullish Bat pattern completing around the 149 even handle (just below it). It also looks like an equal measured move (AB=CD) is being traced out from the A point of the pattern down to the potential entry level.

On the right hand side, we have a potential fib inversion trade, again looking for a bit of an upside move on form the beast. Price action will need to get down towards the 149.35 area if this trade were to be filled, following which I'd be looking to take traditional targets on this one as well.

Lets see how the week continues and whether or not these will come into play or not. Food for thought for the moment.


トレード稼働中
Filled on the Fib Inversion trade.
トレード稼働中
Filled on the Bat pattern now as well.
トレード終了: ストップロスに到達
Fib inversion stopped out.
トレード終了: ストップロスに到達
Bat pattern stopped out.
Chart PatternsGBPJPYh4Harmonic PatternsinversionTrend Analysis

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