yoseph.ronald
Long

USDJPY Bullish Bat Pattern

FX:USDJPY   U.S. Dollar / Japanese Yen
28 4 1
2 times almost hit the entry point. and finally it hit. i wonder this pattern is still valid, since it almost hit the entry point and after the rebound, the price hit the TP 1 and the TP 2
Yes. It is still valid because tp1 and tp2 don't exist until the pattern is complete. So doesn't matter what price did before it completed. The bounce was all just part of the CD leg. Now the question becomes, do you take the trade? Personally, I gotta see other supporting factors and not just take a trade just because the pattern is complete.
Reply
yoseph.ronald EverythingForex
Hi thanks for the comment, yes i take this trade. and. based on higher time frame there is structure, as the chart below
Reply
yoseph.ronald EverythingForex
I Just hit the SL, yeah maybe i should wait for other support level.. Lol.. Thanks again
Reply
EverythingForex yoseph.ronald
Np. It happens. Nothing is 100%. That's why I don't normally take a trade unless there are at least 3-4 supporting factors why I should. Even then, it's not a sure thing! Live and learn.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out