RaynLim

Trade Ideas Educator: NZDJPY Bat

Short
RaynLim Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
A bearish bat setup within the sideway bounce and within the type2 bearish shark setup on the 4-hourly timeframe is like the most amazing setup that enables me to stack trade.

Yeap, that's the new term I'm calling it, low-risk, high-return. Having any consolidation before the near completion of the pattern worries me and got me really uncomfortable. I will need confirmation to engage this trade.
Trade active:
Shorted: 69.77(11)
ISL: 70.00(-23)
SLE: 69.70(+7)
TP1: 69.51(+26)

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