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Z_Afiq
Jul 12, 2016 6:30 PM

BEARISH BAT ON USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

Hello traders, this is the potential bearish bat pattern formation on USDJPY H4 chart..D completion at 105.88 but I'll wait for better risk/reward to short this pair..Maybe waiting for RSI div or double top after the pattern completed before entering short..Stops must be above X point..On the chart was initial targets and I will update targets from time to time..Good luck :)

Trade active

Comment

First target - 104.17
Second target -102.12

Trade closed: target reached

first target was hit

Trade closed: target reached

second target was hit
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