tommyb35
Short

Bear Bat on UsdJpy

FX:USDJPY   U.S. Dollar/Japanese Yen
There is a potential bearish bat pattern that will complete @ 100.820. Since we are still a little ways away, you can use a 1.13 fib inversion (of the X-A leg) stop loss, since we don't know what the ATR will be if/when the order is filled. You have better than 1:1 R/R on target 1 and better than 2:1 on target 2. If you trade bat patterns, keep your eye on this one. Good luck and Good trading.

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