Oztrade
Short

EURJPY - BAT TO BAT - BEARISH BAT - 60M ADVANCED PATTERN

FX:EURJPY   Euro Fx/Japanese Yen
163 3 5
Hi Traders, I have noticed a potential S/R trade for the previous Bullish Bat Pattern . I have marked on screen our 61.8% Target 2 Level for the previous Bat - close to the 88.6% for this Bearish Bat Pattern .

This BAT is not the highest Structure point but we see often the levels of the Highest and Lowest and Patterns forming between these levels.

As always on screen color coded

Green Entry
Red Min Stop Level
Initial Targets - to be adjusted on D completion

Lets see if we hit our target 2 and entry for this BAT PATTERN

Good Luck and Happy trading
Oztrade
a year ago
I will be watching price action on here we may use the A leg of the previous BAT as a NEW X Leg for a potential higher entry for another BAT Pattern, Price has just Hit 50.0% from the Highest to the Lowest in this case. If price Retraces Min 38.2% from this point I will post another Trade. Patterns Everywhere
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Oztrade
a year ago
Looks to be we have formed a Bearish Gartley now
Reply
KVE PRO
a year ago
Nice!
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