USDJPY: Bullish Bat Pattern Completion at Key Support

FX:USDJPY   US-Dollar / Japanischer Yen
Bullish bat pattern completion at a key support level (the lower parallel of the median line ).

Entry: At current level
Stoploss: 107.100
Profit: 114.000

Trading advanced patterns in the higher timeframes require a wide stoploss. In case you cannot go with such stop, switch to the lower timeframes and watch for a smaller setup completion. Below you may see a reversed head n shoulders. Buying the breakout of the neckline and placing your stop below the head will give you a tremendous risk/reward setup, worth taking.

All the best
Kommentar: Price broke above the H&S neckline. We may buy now..!
Kommentar: Already 200 pips booked since the completion of the pattern, but still a good way to go. Price has broken above the short term downtrend and sooner or later it's going to correct. In such case look to add to your already green position and make this pattern a massive boost to your account. No need to mention that we should have already moved our SL at BE. Stay updatd as very soon I will post a trail level to secure most of current's profit
I'm thinking you know your stuff John. Good work
find and trade already
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden