Dollar-Yen Remains Bullish
📉 The analysis on USDJPY remains bullish, but for now, we're on the lookout for counter-trend trading opportunities. 🔄
📉 The Bearish Fib-3 Bat Pattern at 149.15 offers a potential shorting opportunity, although it may take some time to validate.
📉 Alternatively, a break of the trendline on the 1-hourly chart could provide a more immediate shorting opportunity. We're watching for a retest without violating the trendline.
⚠️ However, the trendline hasn't been convincingly broken yet, as the candlestick failed to close below it.
🔍 USDJPY is currently of lower priority for trading this week.
Share your trade plan! 📊💭
📉 The Bearish Fib-3 Bat Pattern at 149.15 offers a potential shorting opportunity, although it may take some time to validate.
📉 Alternatively, a break of the trendline on the 1-hourly chart could provide a more immediate shorting opportunity. We're watching for a retest without violating the trendline.
⚠️ However, the trendline hasn't been convincingly broken yet, as the candlestick failed to close below it.
🔍 USDJPY is currently of lower priority for trading this week.
Share your trade plan! 📊💭
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Live session & Trading Tips on the GO
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