EURJPY — Bat Pattern Completed, Time to Short!

2020-01-14 22:14:20

EURJPY completed a Bat Pattern on the daily chart and reached a weekly resistance. We are now short on this pair with a risk to reward ratio of 4.45. On the 1H it created a double top which serves as a confirmation for entry.

Weekly Chart with Resistance:

https://www.tradingview.com/x/csZaI5qN/