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TheForexSamurai
Dec 13, 2016 8:47 AM

Bracketing the NZDJPY here on the 15 mins. 

New Zealand Dollar/Japanese YenFXCM

Description

A BO to the downside may be a good candidate to short the market. Price breaking the A point of a potential Bat pattern invalidate the ongoing setup. For the short. Extended TP at the Bat pattern completion. And wait at the Completion if it gives us the confirmation to go long.

Trade active

The bear pattern is now completed at 83.040.

Trade closed: target reached

TP 1 was actually hit.
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