TradingView
DigitalKM
Mar 8, 2016 4:59 PM

Potential Bullish Bat Pattern on USDJPY Long

U.S. Dollar/Japanese YenFXCM

Description

USDJPY
The market is currently ranging. This often provides great opportunities for harmonic pattern traders.
Bat Pattern completing at 112.43
Taking a Long position
Minor Support
RSI oversold
Hidden Divergence (Bullish)
Target 1: 113.25
Target 2: 113.73
Stoploss 111.78

Trade closed: target reached

This was no pain trade. Banked myself some pips
More