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
Instagram: http://www.Instagram.com/UK_Forex_Signals
Instagram: http://www.Instagram.com/Tom_Hall_Official
Twitter: http://www.Twitter.com/Tom_H_Official
StockTwits: http://www.StockTwits.com/TomHall
Facebook: http://www.Facebook.com/UKForexSignals
Good work !
+1 Reply
TomHall TOP OsamaAbouzeid
Thanks very much.
Reply
snapshot

Thank you Tom
+1 Reply
TomHall TOP pyramids_Forex
Nice chart mate.
Reply
Really nice!! Thumbs up mate
+1 Reply
TomHall TOP Josphat89
Appreciate the feedback, have a good day.
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
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
nice work
Reply
TomHall TOP Piet.Hein
Much appreciated
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out