Beebags

EURJPY: Bullish Bat

Long
FX:EURJPY   Euro / Japanese Yen
There is a bullish bat pattern forming on EURJPY, H4 timeframe.

Entry Point: 130.010
Stop Loss: 129.250
1st Target: 131.650
2nd Target: 132.700

I close half the position when and if, after entry, price moves up to the 1st target. At this time I also move the stop loss just above the entry point to ensure some profit.

Good trading,

Luke

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