Euro / Japanese Yen
Long

EURJPY Bull Bat Pattern

69
Yesterday a Bat pattern has been formed. The risk/reward ratio is interesting. I'll wait until tomorrow for the entering the trade (due to the important news)

SETUP

Entry @ 127.60
SL below 126.00 (I'd use the ATR to calculate
TP @ 132.78

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.