TPTrading

EURJPY Potential Bullish Bat forming

Long
FX:EURJPY   Euro / Japanese Yen
There is potentially Bullish Bat -pattern forming in EURJPY with fairly good Risk / Reward-profile.

Potential Entry Zone is also on a bullish trend line that has been tested few times. If the price won´t fall and close under the trend line , there´s a good chance that the price will bounce higher at least to Target 1. Bouth of these Target levels have been resistance/support -levels earlier so it´s likely that they will work as resistance/support in the future as well.

We'll see what happens.

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