fximperija
Short

Possible bearish bat

FX:EURJPY   Euro / Japanese Yen
166 2 0
If EJ             is going to retest the previous upper values of the CZ             we can expect a retrace in the lower CZ             around 134.2. Still some 60 pips to go up before turning point.
Well, there are a few more patterns, the point is which one will complete and what will the PA do. EJ is trading sideways and can move in either direction. I do not like situations with unclear PA direction, meaning no clear pattern.
Reply
I see a Gartley over here - 61.8 retracements on both the XA and AB legs so looking for D to touch around the 1.27 mark of the AB to complete and short it at that. What do you think?
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out