WirmachenTrader

USDJPY | BEARISH BAT PATTERN WITHIN TREND: HIGH RISK/REWARD

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Not too much to say about this one: Nice Bat Pattern within Trend meeting previous structure. Also got divergence, higher timeframe retracement and 1.618 Fibonacci Inversion.
Good luck in the markets.
Felix

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Comment:
TGT 1 @ 112.07 (38,2 % Retracement)
Comment:
2nd Chance to get involved within current double top formation. Still looking for targets as mentioned.
Comment:
Even handle 113.00 hold. Now sitting on my hands to either win or loose.
Trade closed: stop reached

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