A bullish bat setup on the 1-hourly timeframe provides a great trading opportunity on the EURJPY, not just it holds a great support level if gives the opportunity to engage trade with much lower risk and higher returns. It is a rare opportunity and should be missed. It could be the one trade you need this year. Trade plan ready for our community, check out the...
A bullish bat setup on the M15 timeframe gives a more precise entry opportunity off the 1-hourly bullish bat that completes near the HOP level.
It's not over yet. Minutes ago I've manual exit the second target of a bearish bat on the daily chart. Exit price 107.69(+374pips), the reason being I've spotted this bearish bat pattern on the 1-hourly chart and it is more than 100pips away from my manual exit price. I will wait for a candle confirmation to engage for the shorting opportunity.
There is an existing bearish bat setup on the daily chart, and we are holding on a 352pips of running profit, 41pips more to hit our first target(check out the link 3). Traders who had missed the setup or would like to engage additional shorting position may wait for the market retrace back into the sell zone(red box) on this chart.
A bullish crab setup with an AB=CD equal distance movement and Bullish Bat pattern on the M15 just sweeten the deal of this trade setup. For a more precise entry, traders can wait for M15 chart for a candle confirmation before engaging the trade.
An ABCD pattern completes near the level of the Weekly Support Level, which is also a type2 bullish bat setup. The ABCD pattern engaged as a countertrend trade in view of weaker Yen.
A bullish deep crab pattern setup and went into consolidation after the HOP level. Would you see this as a fail deep crab? The deep crab pattern is still valid, watch closely. The HSI arrow shows a potential entry for a check back, no doubt the candle has a lower price, but it didn't break and close below the candle that has HSI candle.