FullTimeTrader

EURJPY-bullish bat (or gartley?)

Long
FX:EURJPY   Euro / Japanese Yen
8
After a strong bearish move on all EUR pairs i expect some correction at this area. May be this pair is about to move sideways within a range.

We can see a gartley also, but i prefer the bat for the following reasons:

- better R/R ratio
- strong bearish D1 move
- exact confluence of fibo ratios
- coincides with the S2 pivot support

Regards



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