Potential Bullish Bat Pattern on AUD/JPY 120
corrected the idea title, If the pattern completes to D it would be a bullish bat pattern
would have a petty good risk reward if it completes. I believe the conservative TP's would be the .382 (903748) &.618 (91.236). I've heard of aggressive targets of as high as 1.272 (92.592). I personally would probably go with the .382 and manage it from there.
there is some support, turned resistance right around the .618
let me know what you think, good or bad. would like to know if I'm thinking and seeing what I think I am.
thanks, and good luck with your trades
would have a petty good risk reward if it completes. I believe the conservative TP's would be the .382 (903748) &.618 (91.236). I've heard of aggressive targets of as high as 1.272 (92.592). I personally would probably go with the .382 and manage it from there.
there is some support, turned resistance right around the .618
let me know what you think, good or bad. would like to know if I'm thinking and seeing what I think I am.
thanks, and good luck with your trades