Roker1

Bat pattern on USDJPY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Hey guys,
today i got long on this pair, due to an advanced pattern formation known as "Bat" formation. This pattern completed right at 4h support and therefore i know it could be a nice zone to buy. Stops below X, targets at .328 e .618 retracements of AD leg.
Good luck!

Feel free to comment below for anything.
Otherwise, see you in the next chart!
Trade closed: target reached: First target hit! Stop moved to break even
Trade closed: target reached: Like i was expecting, price spike toward my second target after a news event. 2 targets win! Have a good weekend guys!

Se sei d'accordo, lascia un mi piace! Grazie
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Ultimo video: https://youtu.be/0rIFF-j4kdM

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My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw