Alexander_Nikitin

eurjpy. BAMM and BAT.

Alexander_Nikitin Updated   
FX:EURJPY   Euro / Japanese Yen
Price broke the B-point. This means that we have a high probability of price to complete the entry. Another confluence is the that was broken to the upside. The one to one measure target of the pennant coincides with the bat's entry. This reinforces the bat sell signal.
Trade closed: target reached:
BAMM worked ok and the pattern completed. Never had a reversal bar to initiate sell based on bat before the 1,13 level.

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