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RaynLim

EURJPY - Bearish Bat

Short
Euro / Japanese Yen (FX:EURJPY)  
RaynLim Updated   
FX:EURJPY   Euro / Japanese Yen
Bat Harmonic Patterns Head and Shoulders askforex100 EURJPY Bearish Bat sidewaysmovement Candlestick analysis candlestickpattern
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batpattern harmonicpatterns headandshoulders askforex100 eurjpy bearishbat sidewaysmovement candlestickanalysis candlestickpattern
A Bearish Bat Pattern has been completed in EURJPY. I'm waiting for a market retest at 131.26 for a shorting opportunity. What's nice about this trading setup is that the completion of the bat pattern is at the right shoulder of the previous Head and Shoulders formation.

Manage to spot it?
Trade active:
Target 1 Achieved: 130.82(+41)1.5:1 (approx. 410USD/lot)
Stop-Loss at Entry: 131.20(-+3)
Trade closed: target reached:
Target 2 Achieved: 130.57(+66)2.4:1 (approx. 660USD/lot)
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