EUR.JPY - Bearish Bat 134.770 & 134.887

FX:EURJPY   Euro / Japanese Yen
Currency pair - EUR.JPY
Chart timeframe - 15min
Area of interest - 134.770 & 134.887
Chart pattern - Bearish Bat

Potential target 1 - 134.434
Potential target 2 - 134.229
Potential extended target - 134.100
Comment: Price now approaching D leg completion at 134.770
Comment: D leg completion.
Comment: A break above X leg resistance which now invalidates this particular chart setup.
I'm in this trade too we have same analysis Tom. Hope to make good pips from here.
TomHall Quantum007
@Quantum007, That's great to hear, i hope all goes well your end.
So, is this trade active Tom? Thanks
+1 Reply
TomHall Danidiaz1977
@Danidiaz1977, Not for me personally, price on the higher TF's have not yet given me an indication of reversal.
it's over X. is it still valid?
Quantum007 Lyiness
@Lyiness, well it didn't hit my SL. I put 20 pips above X as my stop loss.
Lyiness Quantum007
@Quantum007, ah okay.
TomHall Lyiness
@Lyiness, Apologies for my slo response time.
No this setup is no longer valid.
Lyiness TomHall
@TomHall, Thanks for the answer
TomHall Lyiness
@Lyiness, My pleasure, speak soon.
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