jasonchung89

EURJPY trend continuation bat pattern

Short
FX:EURJPY   Euro / Japanese Yen
A chance to get onto the bearish EUR trend, My stop will be placed above the significant structure area (previous support and resistance) and also above the 131.00 psychological level. I could be more aggressive and place my stop just slightly above the X leg, but I want to play it safer as the reward even with the further stop is more than 1.5 times the risk.
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.