On the EUR.JPY 15min chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 115.122 & 114.956
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at 116.321
Stop loss would be placed below X leg structure support.
Target 1 - 115.677
Target 2 - 116.037
The price reversal zone on this pair is between 115.122 & 114.956
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at 116.321
Stop loss would be placed below X leg structure support.
Target 1 - 115.677
Target 2 - 116.037