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Koryphaeen
Oct 11, 2015 5:10 AM

EURJPY short Short

Euro Fx/Japanese YenFXCM

Description

Since I missed the ideal entry point to this Bat pattern, I will wait for a new opportunity to get involved and it may come with a small Head and Shoulders pattern or a retest of the 0.886 level, which would be a much greater confirmation of the strength of this pattern. Anyway, if it will go up a little bit conforming that H&Sh then it would have a R/R ratio that is very attractive. I will give it a shot, since it fits perfectly to my trading plan. Good luck!
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