ChiNguyen

EURJPY Short 4 hour

Short
FX:EURJPY   Euro / Japanese Yen
We have a Bat pattern and price is coming into the Daily Structure zone.
Looking for a conservative entry such as a Double Top to get involved in a SHORT.
Then using looking at the Bat Patterns Targets for exit.
I would shoot for T2 at support instead of the conventional 0.618 Bat target.
Stops a little above 1.13
Comment: Alexander_Nikitin has a butterfly with this pattern which could be an entry. Thanks Alexander!
Trade closed: stop reached: Stopped out. In conclusion, i believe this was still a good trade even though it lost.

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