EURJPY SHORT - BEARISH BAT PATTERN - 4HR
EURJPY
Looking to hit a key resistance level around 125.680
Bearish bar pattern also completes at point (D) on my chart
Trendlines created channel that could be broken out from In a bullish move before the reversal begins around point (D)
TP 1 at .381 Fib Level
TP 2 at .618 Fib Level
Once price reaches TP 1, drop stop loss into profit to protect capital from loss.
Looking to hit a key resistance level around 125.680
Bearish bar pattern also completes at point (D) on my chart
Trendlines created channel that could be broken out from In a bullish move before the reversal begins around point (D)
TP 1 at .381 Fib Level
TP 2 at .618 Fib Level
Once price reaches TP 1, drop stop loss into profit to protect capital from loss.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.