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angieh

Bearish Bat - CHFJPY (4hr chart)

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
angieh Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
Harmonic Patterns forex100academy Bearish Bat
8
2
harmonicpatterns forex100academy bearishbat
Potential Bearish Bat - expected completion by 25 Feb
Tp1: 113.253
Tp2: 112.702
SL: 114.507
Comment:
Bearish candle wick has touched the farthest line of PRZ. Waiting for another bearish candle to do it completion of D at 114.037. Will open trade and target to reach the 2 TP levels stated above
Trade active:
Entered trade - will see how it plays out.
Trade closed: target reached:
TP 1 reached: 114.037 -> 113.584 (45 pips)
Comment:
Position still open to target achieving TP 2
Comment:
TP 1 was closed early (about 33 pips early).
Trade closed: stop reached:
TP2 not reached: Price hits SL at 113.950
Comment:
Will continue to see how price plays out for this pair when market opens
Comment:
TP 1 is hit again.. hmmm
Comment:
Could have reached both TP1 and TP2.
Lesson learned: Be confident in my own trade ideas and let the trade play out.
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