Euro / Japanese YenShort
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
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.