fx1
Short

Bearish Bat

FX:EURJPY   Euro Fx/Japanese Yen
41 2 1
Zone around X has been tested twice before to the left of X & acted as resistance. Therefore, expecting that the price will come to test the same zone of X @ 131.408 where I expect to short or my point of entry

131.408 of X is as per my broker.
there is no such pattern though
+1 Reply
Sorry for the confusion. the Bat completes at a different point (as per the confluence zone of 1.168 & .886) but I am planning to short or my personal point of ''D'' where I want to short is different in order to get a better Risk-Reward ratio.

I just wanted write the reasoning behind it ( it = the point where i will short instead of the usual PRZ ) so that i can refer to it later in the future.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out