TheForexSamurai

Intraday - A pattern based trade setup for short trade

Short
FX:EURJPY   Euro / Japanese Yen
I got a potential bearish bat pattern completion on a market consolidation in this market and on this timeframe. Price breaking the red line will invalidate the setup (bear bat). Upon completion I could look for a bearish divergence (if possible) for added bias before entering short. Trade with care.

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.