tmanuelasorina
Short

ADVANCED BEARISH BAT COMPLETED

FX:USDJPY   U.S. Dollar/Japanese Yen
269 3 12
USD/JPY             completed an advanced bearish bat pattern
Stop loss will be 103.200 you can sell this level
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tmanuelasorina RuhailKhan
Maybe you are right.But I have my own rules at this strategy.I will begin to sell only if a divergence is present at point D and when stochastic will leave the overbought zone and its value will be below 80 level.So if you say that the sell point D will be at 103,200 that means point D will be situated at 127,2% extension of XA leg.In this case what kind of pattern is this?
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Please mention sell level ? tp level ? sl level ? ..

I am not able to read chart and understand not much ...//

pls share level
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