Bearish bat pattern setup 30min USD-JPY

٢٠ يناير ٢٠١٦

Waiting for the price to run into the 88.6% retracement from the X to A leg to complete this Bat pattern.

After completion place stops wel above X preferably a little above the previous high.
This may not be the best risk-reward but these patterns have a good succes rate.

٢٥ يناير ٢٠١٦

أغلقت الصفقة: تم الوصول للهدف

Trade closed, Target was reached.

Nice winner !