RaynLim

EURJPY - Bullish Bat checkback

Long
FX:EURJPY   Euro / Japanese Yen
Being conservative in approach means there is a chance for you to miss your trade. The Bullish Bat and AB=CD Pattern retest price could go as early as 135.02 a much more conservative trader might wait as far as 134.06 before engaging the trade.

This is a perfect example for you to decide on your trade plan. Engaging early could be that you have a higher chance of catching the move, but it also means it puts you 96pips at a disadvantage should that be a valid setup.

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