USDJPY bearish bat pattern
Hi traders,
On the USDJPY we have a potential bearish bat pattern forming. We can see that price is struggling to get from point C to D, so it wouldnt surprise me if the 144.400 peak is the top for short-term views.
Entry: 114.571
Stop: 114.962
Target: 113.926 = R:RR 1.65
Good luck guys! I will be updating this chart as time progresses.
On the USDJPY we have a potential bearish bat pattern forming. We can see that price is struggling to get from point C to D, so it wouldnt surprise me if the 144.400 peak is the top for short-term views.
Entry: 114.571
Stop: 114.962
Target: 113.926 = R:RR 1.65
Good luck guys! I will be updating this chart as time progresses.
Order cancelled
Pattern invalid. The peak was indeed 144.400.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.