USDJPY bearish bat pattern Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Dec 31, 2016 5:25 PM

Hi traders,

On the USDJPY we can see a potential bearish bat pattern forming. Entry and completion at point D.
Entry: 118.354
Stop: 119.132
Target: 117.012 = R:RR 1.72

Good luck guys! I will be updating this post as time progresses.

Trade active

⋅ Jan 3, 2017 1:56 PM

Trade closed: target reached

⋅ Jan 5, 2017 10:42 AM