AUD/JPY - Bearish Bat
AUD/JPY is forming a bearish bat on the daily chart.
Conditions for a valid bat pattern are detailed below:
At TP1 half position will be closed and SL trailed to breakeven. The full trade will be closed at TP2.
Conditions for a valid bat pattern are detailed below:
- B: 0.382 - 0.50 XA
- C: 0.382 - 0.886 XA
- D: 1.618 - 2.618 AB
- D: 0.886 XA
At TP1 half position will be closed and SL trailed to breakeven. The full trade will be closed at TP2.
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