EUR/JPY 1D Bat Pattern.
Possible Bat Pattern formation on the daily chart.
IPDE, expecting the market to hit my D leg which is 88.6% retracement for market to rally back up.
* If a new C leg is form and its higher than my previous highest close, trade wont get activated.
Lets wait to see how the market reacts in the next couple of days (*after the weekend) and hopefully enter this trade if everything lines-up.
IPDE, expecting the market to hit my D leg which is 88.6% retracement for market to rally back up.
* If a new C leg is form and its higher than my previous highest close, trade wont get activated.
Lets wait to see how the market reacts in the next couple of days (*after the weekend) and hopefully enter this trade if everything lines-up.
Note
I didn't take this trade, since I was testing the Bat Pattern.As we can see it did reach target 1 easily for a total of approx. +130 pips
Note
Well we can see that it hit second target.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.