Oztrade
Long

BULLISH BAT PATTERN

FX:EURJPY   Euro / Japanese Yen
37 0 0
Hi All, we have an opportunity for a potential Bullish Bat Pattern, Base entry has good risk reward 1:1 for target 1 - also keep in mind this could be an AB=CD move if this completes it would put your entry lower providing less risk and more reward. Also if price pushed further then it decreases your loss. Maybe look for signs of entry around 135.500 or another sign of reversal you may want to be more conservative and wait for a double bottom at the lower level to provide you with a higher probably chance this will complete this Bat.
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