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Andy_Parrish
Mar 22, 2016 2:44 PM

USDJPY 15M - Potential Bat Pattern Short @ 112.08 Short

U.S. Dollar/Japanese YenFXCM

Description

Hi all,

Looking at a potential bat pattern short on USDJPY 15M @ 112.08. If we break out of the current consolidation to the upside I'll be looking for this pattern to complete.

Stops above X
Target 1 @ 111.82
Target 2 @ 111.65

As always, targets will be adjusted should the pattern complete.

Trade closed: stop reached

Stop reached for -26 pips
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