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USDJPY bearish bat pattern on the 4h
U.S. Dollar / Japanese Yen
Short
USDJPY bearish bat pattern on the 4h
By 11021992
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Updated
Jul 27, 2016
1
1
1
1
Jul 19, 2016
Hi traders,
A potential bat pattern is forming on the USDJPY pair. Completion is about 50 pips above the current market price.
Entry: 106.825
Stop: 108.444
Target 1: 104.268 = R:RR 1.57
Target 2: 102.643 = R:RR 2.58
Best of luck! Updates will follow
Jul 20, 2016
Trade active
Jul 26, 2016
Note
Target 1 hit.
Jul 27, 2016
Trade closed manually
Closing the remaining position trade at a small profit before FOMC meeting.
Bat
USDJPY
11021992
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