EURJPY - Bullish Bat Completed on H4 Chart

1 apr 2017

• Bat pattern has completed with price closing inside PRZ, also known as the terminal bar.
  
• RSI very close to oversold level.
  
• Good R:R at 2.4 (TP1) and 3.9 (TP2).
  
• Price alerts on PRZ again to keep myself notified.
  
• When market opens on Monday, I will be monitoring the next few candles before I enter.
  

3 apr 2017

Nota

Price has started to reverse.
However, it was slightly late when I saw the chart.
Traders may choose to enter long now at 118.84 as it not too far off PRZ.
Traders may choose to wait for price to get back to PRZ.
Do manage your lot size.

3 apr 2017

Trade chiuso: stop raggiunto

Stopped out at 70 pips.