madi052893trading
Panjang

Pattern Based Setup - Potential Long Trade for 1:5 RR for TP1

FX:USDJPY   Dolar U.S/ Yen Jepun
Hi guys we got another opportunity to go for a long/buy position on this potential bullish bat pattern. A retrament once again at the 88.60% bullish bat completion or the zone of 61.8 and 78.6 retracement of the recent move leg up could trigger our potential buy limit with a good risk:reward of 1:1.5 for tp1 and 1:2.4 for tp2. Trade with care and may the pips be with us.

PS: We could also wait for a potential signal/confirmation once price reach at our PRZ (once again) such as bullish divergence . If the market will consolidate further this setup could be a strong one.
Where to buy?
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