We got a LONG opportunity here on the EURJPY with two pattern formation of Bat. First Bat that is already completed at 114.90 adjusted from its pattern X origin. And a soon to complete (possible) at 113.90. A Breakout of the upper TL can trigger a buy position (pending buy stops / manual buy). You could also use a top down analysis and look maybe for a potential buy/long setup on the LTF or so.
Stops would be just below the Bat's X point and per target could be the ff:
TP 1: 118.39
TP 2: 120.57
Stops would be just below the Bat's X point and per target could be the ff:
TP 1: 118.39
TP 2: 120.57
Trade closed: target reached:
TP 1 hit.
Comment:
TP 2 hit.
