USDJPY Daily: Potential Bat Pattern + Major Resistance Level
Updated
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The USDJPY currency pair stayed in an uptrend till June 2015. Since then price is pending in a range, making slightly lower highs. There is potential momentum to the downside. The major resistance level + potential bat pattern is giving the trading setup a high probability chance to participate in the market.
The USDJPY currency pair stayed in an uptrend till June 2015. Since then price is pending in a range, making slightly lower highs. There is potential momentum to the downside. The major resistance level + potential bat pattern is giving the trading setup a high probability chance to participate in the market.
Note
Wait for the pattern to complete
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