What's up everyone, here we have USD/JPY with a bullish bat pattern on the 30m chart, this is a short term trading opportunity.
Excellent opportunity with over 1:2 risk to reward, as you all know that is my bare minimum for taking a trade.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
NZD/CHF is running in a nice profit and I'll be looking to add this position to the list whilst keeping it at a maximum 1% risk.
Excellent opportunity with over 1:2 risk to reward, as you all know that is my bare minimum for taking a trade.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
NZD/CHF is running in a nice profit and I'll be looking to add this position to the list whilst keeping it at a maximum 1% risk.
Comment:
Put your stop loss into profit once we reach 109.300.
Comment:
Approaching 109.300, once it hits move your stop loss to break even to secure the trade.
I'm just alerting everyone ahead of time :)
I'm just alerting everyone ahead of time :)
Comment:
We have passed 109.300... All of you should now have moved your stop loss into profit!
Safe trading everyone.
Safe trading everyone.
Trade closed: stop reached:
Trade taken out at break even, small gain, let's move onto the next one!
📈 Master the Art and Science of Trading: www.sixfigurecapital.com
