tntsunrise
Long

EURJPY DAILY BAT PATTERN COMPLETED

FX:EURJPY   Euro Fx/Japanese Yen
3058 20 48
EURJPY             BAT PATTERN COMPLETED
Look closely of the price-action at 127.80
If we saw Positive Signal then we can enter a long trade.
SUCH AS :
RSI DIVERGENCE
PIN BAR
ENGULFING

SL: BELOW 126
TP1: 132.83
TP2: 135.97
TP3: 149.27
Comment: Nice Reversal Sign. Now waiting for a pull back to long
Trade active: Enter at 127.70, SL: 125.70
Comment:
snapshot

after this consolidation, it will take off
Comment: yes EURJPY break out the tri-angle.
TP1 going to be hit
Comment: TP 1 HIT
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Thanks for sharing. Looks good with a lot of potential.
Reply
TimStuyts TimStuyts
EURJPY made that expected move lower.
Reply
I want to see this pair stable for a while before entry, it;s could be a good trade.
Reply
had you enter sir?
Reply
no. need to wait for price action
Reply
raynce tntsunrise
pinbar form on 15m .
waiting for clearer 1h and 4h

Reply
I entered long yesterday @ 127.79 probably too premature....after further analysis and a very basic elliot wave count it looks like we could have potentially finished a wave 3 @ 127 which aligns perfectly with a 161.8 expansion of the 1,2

snapshot
Reply
snapshot

Based on the PInbar, Enter a Long Trade
Reply
I think it is GARTLEY AB=CD pattern not BAT pattern , correct me if I am wrong
Reply
tntsunrise TOP pyramids_Forex
Both is correct.
Reply
EL_KHIBRATTOR tntsunrise
Hello sir, do u still bearish on USD/CAD ?
Reply
What would happen to this next?
Reply
Dear sir, the trade has been stopped already, should we re-enter after the break off?
Reply
tntsunrise TOP guti142008
WHY STOPPED? NEVER BREAK 126!
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guti142008 PRO tntsunrise
oh... my mistake, only see the green zone. Really nice, thank you very much, sir!
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tntsunrise TOP guti142008
:) sure. i think it's good to hold this position
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guti142008 PRO tntsunrise
I have re-entered due to my wrong SL now, hope it rocking now.
Best regards!
Reply
Kjell PRO tntsunrise
Thanks for this great idea again Sir! I think its realistic too look for T2, agree? How would you advice to continue?
Reply
very blessing idea Sir.
Reply
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