Awaiting Retest for Shorting Opportunity
USDJPY has caught my attention with the potential for a shorting opportunity. Here's the breakdown:
1. Previous Bearish Run:
- A notable 850 pips (~8,500 USD/lot) on a previous USDJPY Fib3 Bat Pattern run.
2. Current Outlook:
- Considering a bearish stance on USDJPY.
- Awaiting a market retest on the 1-hourly chart at 147.74.
Share your thoughts and trade plans for USDJPY in the comments below. Let's discuss and analyze together!
1. Previous Bearish Run:
- A notable 850 pips (~8,500 USD/lot) on a previous USDJPY Fib3 Bat Pattern run.
2. Current Outlook:
- Considering a bearish stance on USDJPY.
- Awaiting a market retest on the 1-hourly chart at 147.74.
Share your thoughts and trade plans for USDJPY in the comments below. Let's discuss and analyze together!
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