Hey all,
Here we have a Bullish Bat pattern on EURJPY that is pretty close to completing. I've drawn on the two normal targets I would take (and do take) on all my bat patterns, but there could also be the potential for an extended move higher into an even bigger bat pattern completing so it depends with what you're comfortable doing.
I'm using a usual 113% stop loss which is giving me a good risk reward. Hopefully on Mondays open of the markets we will get a push down into completion.
Any questions just ask or send a PM,
Fibsii.
Here we have a Bullish Bat pattern on EURJPY that is pretty close to completing. I've drawn on the two normal targets I would take (and do take) on all my bat patterns, but there could also be the potential for an extended move higher into an even bigger bat pattern completing so it depends with what you're comfortable doing.
I'm using a usual 113% stop loss which is giving me a good risk reward. Hopefully on Mondays open of the markets we will get a push down into completion.
Any questions just ask or send a PM,
Fibsii.