TomHall
Short

USD/JPY - Bearish Bat Pattern

FX:USDJPY   U.S. Dollar/Japanese Yen
On the USD/JPY             Daily chart we have a potential short opportunity at the D leg completion of a Bat Pattern .

The price reversal zone on this pair is between 124.194 & 125.235
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance .

Website.
http://www.UKForexSignals.com

Learn To Trade The Bat Pattern .
How To Trade The Bat Pattern.
Website: http://www.UKForexSignals.com
Become an Affiliate: https://ukforexsignals.idevaffiliate.com
Instagram: http://www.Instagram.com/UK_Forex_Signals
Twitter: http://www.Twitter.com/Tom_H_Official
Facebook: http://www.Facebook.com/UKForexSignals
nice work
Reply
TomHall TOP Piet.Hein
Much appreciated
Reply
USDJPY Short
+1 Reply
For me personally I see this as a Bat Pattern, as it doesn't quite hit the 0.618% retracement.
Reply
Hello, one question, you have more experience trading harmonic patterns. Can we consider this a bat? i saw other traders posting the same setup. Point B it touching the 0.61 fib retracement of XA leg. I think a gartley fits better following the rules i know. Regards.
+1 Reply
TomHall TOP FullTimeTrader
Hi,
This would all depend on your trading platform.
The B leg retracement is very very close to the 0.618% but doesn't quite touch it, so I stick to my rules as a Bat Pattern and not a Gartley.
Reply
Really nice!! Thumbs up mate
+1 Reply
TomHall TOP Josphat89
Appreciate the feedback, have a good day.
Reply
snapshot

Thank you Tom
+1 Reply
TomHall TOP pyramids_Forex
Nice chart mate.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out