Bearish Bat

FX:EURJPY   Euro / Japanese Yen
43 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.
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.
there is no such pattern though
+1 Reply
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