CAD/JPY - Bearish Bat
Hi everyone!
Here we have a perfect bearish bat pattern forming on the H1 chart.
Conditions for a valid bat pattern are provided:
Take profits are set at 0.382 and 0.618 of AD.
At target 1 half position will be closed and stop loss moved to breakeven.
Good luck everyone!
Here we have a perfect bearish bat pattern forming on the H1 chart.
Conditions for a valid bat pattern are provided:
- XB: 0.382 - 0.5
- AC: 0.382 - 0.886
- BD: 1.618 - 2.618
- XD: 0.886
Take profits are set at 0.382 and 0.618 of AD.
At target 1 half position will be closed and stop loss moved to breakeven.
Good luck everyone!
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