USDJPY Multiple Pattern Setups

Looking at this pair it looks like we have a few patterns setting up. Depending on what you trade we have a valid Bear Bat Pattern and Bear Gartley Pattern as well. I will be looking at taking the first to complete which is the Bear Bat Pattern. The Risk/Reward to target 1 is about 1/1.25 and to target 2's is roughly 1/2.

-Raymond Jeffries

ความคิดเห็น:

Target 1's hit and now stops moved to break even for the 2nd half of the position.

ความคิดเห็น:

Target 2 hit and now out of this one