Art_of_Trading

EURJPY: Potential Bat Pattern

Short
FX:EURJPY   Euro / Japanese Yen
There is no strong market direction on EURJPY H1 timeframe. It has formed a potential bat pattern with a nice Risk/reward. If the price hits fibo 88%, there is an opportunity to go short. The resistance level is at 133.12, which is the retracement zone.
T1 - 38.2%
T2 - 61.8%
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