EURJPY-1H Bat Type II
Updated
Pair shows completion of Bat pattern and currently showing Type II reversal.
Type I execution has been done and T1 was achieved and pair was a little shy of Target T2 at 50% retracement.
Now it has formed DT and showing the BB volatility divergence.
RSI shows bearish divergence and getting resistance at 60, which is a good bearish sign.
Looking for a bearish move now.
Type I execution has been done and T1 was achieved and pair was a little shy of Target T2 at 50% retracement.
Now it has formed DT and showing the BB volatility divergence.
RSI shows bearish divergence and getting resistance at 60, which is a good bearish sign.
Looking for a bearish move now.
Trade closed: stop reached
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