Bat Pattern, Eur/JPY, 15min

2015년 5월 27일

Here we see a plain old bearish bat pattern on the euro yen charts.

It is likely that the market will quickly rally down to the 1.618 extension of the BC leg, i have it forecast at 1.5 hours.

I placed my stop at the point X
My entry at point B
And my limit at the 1.618 extension of the BC leg

Thanks for checking in, come back and see if it completes.

As always like comment and follow, Good trading, we will see you next time :)