USDJPY - Bearish Bat Pattern

There is a Bearish Bat Pattern on USDJPY H4 timeframe with D completion at 116.850. See trade details below.

I have detailed the fibonacci levels for each point on the chart for your reference/learning.

Entry: 116.840
Stop: 117.710
Target 1: 114.900
Target 2: 113.640

Hope everyone is having a good month so far!

Luke

Emir iptal:

Price has exceeded the A point, making this trade setup now invalid.

Luke