On the EUR.JPY 1hr 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 121.847 & 121.594 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 an opportunity to look for extended targets at 123.450 Stop loss would be placed below X leg structure support .
Target 1 - 122.620 Target 2 - 123.103
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Price is now approaching the D leg completion
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5 Easy steps to trade the Gartley Pattern
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D leg is now complete at 121.847 Potential long opportunity if it meets your rules to enter.
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Please note, this setup is still valid of a long position.
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