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ForexStoreau
Apr 9, 2019 1:08 AM

Potential BAT PATTERN - XABC Complete Already Short

U.S. Dollar/Japanese YenFXCM

Description

Potential BAT Pattern
  • X-A – completed
    A-B – between 38.2 and 50% FIB – Correct the pair finished at 50%
    B-C – Between 38.2 and 88.6% -Correct the pair finished at 88%
    C – Has finished below A
    X-A-B-C Pattern Completed

Potential SELL down to 127% Fib at roughly 109.10-109.30

Trade closed: target reached

Now looking for a BUY position from the bottom of D
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