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LukeFagan
Jun 9, 2017 1:36 PM

Bearish Bat Formation 1Hour Chart Short

U.S. Dollar/Japanese YenFXCM

Description

Price action has formed a Bearish Bat formation after its recent pullback into a previous support area 110.700. which also is a 0.618 fib retracement area!
Currently have taken 2 positions looking to take first targets off at

1st target : 109.932
2nd target : 109.114 (second target will be trailing my stops!)

Trade active

Target 1 Hit stops moved to break even!

Trade closed: target reached

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