Mandeep.Singh
Long

Bullish Bat EUR/JPY

FX:EURJPY   Euro Fx/Japanese Yen
67 0 4
A bullish bat pattern has completed on this pair. We have oversold conditions inline with 0.886 retracement of leg AD as well as stochastic divergence. There is a nice hammer candle stick indicating reversal in trend and on the 60 minute chart we have a bullish engulfing .
Comment: Target 1 reached. +103 pips
Trade closed: target reached: Target 2 reached. + 37 pips.

Total: +140 pips
United States
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