Weekly Market Analysis : USDJPY Bat
Type2 Bullish Bat setup along with AB=CD pattern with RSI Divergence and not just that a buy zone reversal and the candle 'check-back' isn't this fantastic.
Well, the only thing that wasn't that great is having such a high volatile black candle and head in for a countertrend trade doesn't look like the smartest move right? Perhaps is what we say about the high-risk high return in this case.
Well, a conservative trader can wait for 2-days confirmation candle for a bullish engulfing to engage.
Well, the only thing that wasn't that great is having such a high volatile black candle and head in for a countertrend trade doesn't look like the smartest move right? Perhaps is what we say about the high-risk high return in this case.
Well, a conservative trader can wait for 2-days confirmation candle for a bullish engulfing to engage.
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