Art_of_Trading

GBPJPY: BAT PATTERN

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FX:GBPJPY   英鎊 / 日圓
The price is bullish today on GBPJPY 1H chart. It is getting close to a major resistance level at 146.260. Buyers have to take their profits somewhere and sellers have to step into the trade. The best level to that is close to resistance area. Moreover, the bat pattern is formed, which give entry and exit points.
T1 - 38.2
T2- 61.8
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