EUR/JPY is forming a bearish bat pattern on H4 chart
Conditions for a valid bat pattern are detailed below:
At TP1 half position will be closed and SL trailed to breakeven. The full trade will be closed at TP2.
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.
Trade active
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.
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.