USD/JPY - Bullish Bat

5 sept. 2017

What's up everyone, here we have USD/JPY with a bullish bat pattern on the 30m chart, this is a short term trading opportunity.

Excellent opportunity with over 1:2 risk to reward, as you all know that is my bare minimum for taking a trade.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

NZD/CHF is running in a nice profit and I'll be looking to add this position to the list whilst keeping it at a maximum 1% risk.

6 sept. 2017

Note

Put your stop loss into profit once we reach 109.300.

6 sept. 2017

Note

Approaching 109.300, once it hits move your stop loss to break even to secure the trade.

I'm just alerting everyone ahead of time :)

6 sept. 2017

Note

We have passed 109.300... All of you should now have moved your stop loss into profit!

Safe trading everyone.

7 sept. 2017

Trade fermée: ordre d’arrêt atteint

Trade taken out at break even, small gain, let's move onto the next one!