Hey all,
Here is a potential Bat Pattern setup on USDJPY 4H chart. It's currently at a decision point that I play close attention to. We are currently at the B structure zone and the market is putting up some resistance. I like to pay attention to this zone as if we do indeed break and close above this level there is a much higher chance of the trade completing.
Just thought I'd make a post showing what I'm looking for ahead of a pattern completion. Of course - if we get a completed Bat I will make another post with my targets.
Here is a potential Bat Pattern setup on USDJPY 4H chart. It's currently at a decision point that I play close attention to. We are currently at the B structure zone and the market is putting up some resistance. I like to pay attention to this zone as if we do indeed break and close above this level there is a much higher chance of the trade completing.
Just thought I'd make a post showing what I'm looking for ahead of a pattern completion. Of course - if we get a completed Bat I will make another post with my targets.