Get started
Gold_Fish_Trading

EURJPY Short 4 hour

Short
Euro / Japanese Yen (FX:EURJPY)  
Gold_Fish_Trading Updated   
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns EURJPY eurjpyshort 4hour short short-term
2
0
trendanalysis harmonicpatterns chartpattern eurjpy eurjpyshort 4hour short short-term
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!
Advanced Butterfly Formation
Trade closed: stop reached:
Stopped out. In conclusion, i believe this was still a good trade even though it lost.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.