EUR.JPY - BEARISH BAT SETUP @ MARKET - 117.397
On the EUR.JPY 15min chart we have a potential short opportunity's at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 117.397 & 117.476
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 116.454
Stop loss would be placed above X leg structure resistance.
Target 1 - 116.960
Target 2 - 116.686
The price reversal zone on this pair is between 117.397 & 117.476
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 116.454
Stop loss would be placed above X leg structure resistance.
Target 1 - 116.960
Target 2 - 116.686
Trade closed: target reached