We are looking at 1h GBP/JPY chart and we can see a bullish Bat forming at 134.60 with 88.6/161.8 convergence. We will plan a buy at 134.66 and The stop will be placed below the “X”:
T2 = 137.44
T1 = 136.65
Buy = 134.66
Stop = 134.10
1h Chart:
We are looking at USD/CAD 10 min chart and we can see a bearish Gartley forming near at 1.0586.
Stop = 1.0631
Sell = 1.0586
T1 = 1.0507
T2 = 1.0469
10 min chart:
UPDATE 1:
Price is finding support near the daily pivot. We will be moving our stops to break even in case we see some buying interest.
Completed :
T1 = 79 pips and T2 = 120 pips ware filled for total profit of 199 pips