USDJPY bearish bat pattern
Updated
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
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