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EUR/JPY - Bearish Bat
Euro / Japanese Yen
Short
EUR/JPY - Bearish Bat
By enricomb
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Updated
May 12, 2017
6
May 12, 2017
EUR/JPY is forming a
bearish bat
pattern on
H4 chart
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.
May 12, 2017
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enricomb
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