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CADJPY Bearish Bat And Scalping Opportunity

Description: Chartraderpro finds a completed Bearish Bat Pattern on M15 Chart.

Trade Period: Scalping

Pair / Instrument: CADJPY

Time Frame: M30

The trend in the Timeframe: Bullish

The trend in the Daily Chart:  Bearish

Trade Based On: Ascending Triangle

Accuracy: %85

Recommended Lot Size: 0.06@ 10 K Account with 1:100 Leverage

Trade: Short

The Area Of The Entry: 86.24

Stop Loss: 86.35

Target 1: 86.11

Target 2:  86.03

Target 3:

What to Pay Attention:

You can view the setup: 

Update: TP1 Reached  13 pips

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Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

Bearish Bat Pattern CADJPY : Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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