EURJPY bearish bat pattern Short

Euro Fx/Japanese YenFXCM

Description

⋅ Jul 17, 2016 7:39 PM

Hi traders,

On the EURJPY we can see a potential bat pattern forming. Completion will be around the value of 120.7.
This lines up perfectly with the red trendline [see comments below] and the previous structure.

Entry: 120.700
Stop: 123.165
Target 1: 116.475 = R:RR 1.72
Target 2: 113.418 = R:RR 3

Will keep this updated as the trade progresses.
Best of luck!

Order cancelled

⋅ Aug 19, 2016 12:45 PM

Pattern invalid. Taking forever.

EURJPY Forex

Comments

11021992

⋅ Jul 21, 2016 8:48 AM

11021992

⋅ Jul 17, 2016 7:40 PM