EUR-JPY Bullish Bat Pattern - Swing Trade Plan (Short to Long)
Short Plan:
Sell around 132.40 to 132.80 (the resistance zone). SL: 133.25
Target: 130.30 (completion of bullish bat pattern)
Long Plan:
Buy around 130.3, SL: 129.70 (previously low)
Target: 131.60/132.40
Sell around 132.40 to 132.80 (the resistance zone). SL: 133.25
Target: 130.30 (completion of bullish bat pattern)
Long Plan:
Buy around 130.3, SL: 129.70 (previously low)
Target: 131.60/132.40
Trade active:
Sell @132.70 (Sell zone should be 132.40 to 132.80)
Trade closed: target reached:
130.50 reached. You can either enter long to 131.80/132.40, or enter short there.