morshedul.sazid
Short

NZDJPY BEARISH BAT ( STRUCTURE + EMA)

FX:NZDJPY   New Zealand Dollar / Japanese Yen
Hey traders! We have a potential bearish Bat pattern @ 76.500. Expecting a short reversal to 38.2% atleast of CD leg. Price action trading below the EMA and RSI shown Hidden bearish divergence already. Price action also reaching the structure resistance , looking to test.
Trade closed manually: Price moving too much of sideways.
Comment:
snapshot

breakeven closed.
Comment: Expected Targets were both reached.
Stop was 113 fib?
Great.
+1 Reply
Yeap! always :). Worked nicely around structures. :)
Reply
Expected targets were reached.
Reply
Trade closed @ breakeven.
Reply
Looks very promising! GL!
+1 Reply
Thank you!
Reply
I see it coming as well; Cypher lurking in the background...

snapshot
+1 Reply
morshedul.sazid izogawa_trading
Nice catch there! would love to see the little reversal from the bat!. :)
Reply
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