EUR/JPY - Bearish Bat

Updated
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.
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