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Trader-Mick
Oct 11, 2015 6:43 PM

Good Shorting opportunity Short

Euro Fx/Japanese YenFXCM

Description

Eurjpy completed the Bearish Bat pattern inside the Supply zone area. Price looking to reverse around the red zone and my Take profits are at 38.2% of CD leg and also 61.8% of CD leg and stops at 138.00 ( I may move the SL up a few ticks according to market conditions)
And before that we had a nice triangle break and we could easily projected the the price to the Bearish bat completion area.
Thanks.

Trade closed: target reached

Comments
Trader-Mick
Take profit hi!
Ghostrider
Excellent work! Its true that not all chart patterns or harmonic patterns work. You are setting up the highest possible trading opportunities. But again even if all are in line that does not work but anyway thank you very much.
Trader-Mick
Welcome :)
Trader-Mick
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