PalmTreeTrading
Short

Bearish bat pattern setup 30min USD-JPY

FX:USDJPY   U.S. Dollar / Japanese Yen
76 0 5
Waiting for the price to run into the 88.6% retracement from the X to A leg to complete this Bat pattern .

After completion place stops wel above X preferably a little above the previous high.
This may not be the best risk-reward but these patterns have a good succes rate.
Trade closed: target reached: Trade closed, Target was reached.

Nice winner !
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