A Bearish Bat Pattern has been completed in EURJPY. I'm waiting for a market retest at 131.26 for a shorting opportunity. What's nice about this trading setup is that the completion of the bat pattern is at the right shoulder of the previous Head and Shoulders formation.
Manage to spot it?
Handel aktiv
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Target 1 Achieved: 130.82(+41)1.5:1 (approx. 410USD/lot) Stop-Loss at Entry: 131.20(-+3)