rozela99
Short

EurJpy Potential Bear bat

FX:EURJPY   Euro / Japanese Yen
23 0 1
As the market is in consolidation on the daily. I have identified structure levels from the 4hr chart.
When I dropped down to the 1hr I noticed a potential bear bat that would complete @ Structure IF price rallies higher. Looking left we also have a 2Xtop a little higher than X. To insure my stop is in a safe place I will place stop @ the 127Ext of A to X leg. Thus giving me a little under a 1:1 RR to T1. However I will be loking to take T2 @ 114.10/the lows of structure.
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