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JasonGraystone
Jul 1, 2015 10:44 AM

USDJPY Bear Bat 60 Min Short

U.S. Dollar/Japanese YenFXCM

Description

At market for those who trade bat patterns. Had to fire this one off quickly
Comments
EverythingForex
Nice catch! I am already on it!
ForexEasypips
Pls, What is your target and stop for this Bear bat?
JasonGraystone
My target 1 would be a 382 retracement down at 122.610 (Adjusted accordingly depending on how far price action pushes through my entry)
My Target 2 would be at the 618 retracement
Stop loss would go 10 pips MINIMUM above X so at 123.00 FLat but this is a psychological number so would recommend putting them above this. I personally use ATR based stops loss or a Fibonacci 1.13 inversion from A to X
Hope this helps.
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