Aleksandar_Rose

EURJPY - Bearish Bat

Kort
FX:EURJPY   Euro/Japanska yen
+++ Don't forget to LIKE & Follow+++I'm looking at a potential way for hopping on the bearish trend EURJPY - there is a possible Bearish Bat Formation here on 1H.
My reason for entry will be exact this Bat and if you look left you will see that completion level is right between Previous Structure Low and PullBack (purple arrows). I love when there is advanced pattern that is aligned with underling trend and Completion level is right it in a KillZone. This stacking is enhancing the probability price to head in our way.
Stops above X and Pullback. 1st Target is conventional for 2nd target since we are in a trend mode I'll be looking for a retest of A's leg - 2nd target will get awesome R/R factor.
Entry @ 114.52
Stop @ 115.13
Initial Target 1 @ 113.67
Initial Target 2 @ 112.45

Good Luck!

-Alex
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