This is one sexy pattern on the $EURJPY, talk about the perfect storm!
There are three things i like about this trade.
1. Bullish divergence on Momentum and RSI.
2. Double bottom enabling a super tight stop
3. Completion of the Bullish Gartley pattern which has completed at lower at the 0.886 providing a Bat pattern like high probability limited risk pattern.
Looking to see how the market opens on Monday and target an entry 886 re-tracement level, targeting 80%+ of the profit target at 132.00
There are three things i like about this trade.
1. Bullish divergence on Momentum and RSI.
2. Double bottom enabling a super tight stop
3. Completion of the Bullish Gartley pattern which has completed at lower at the 0.886 providing a Bat pattern like high probability limited risk pattern.
Looking to see how the market opens on Monday and target an entry 886 re-tracement level, targeting 80%+ of the profit target at 132.00