USDJPY bearish bat pattern on the 4h
Hi traders,
A potential bat pattern is forming on the USDJPY pair. Completion is about 50 pips above the current market price.
Entry: 106.825
Stop: 108.444
Target 1: 104.268 = R:RR 1.57
Target 2: 102.643 = R:RR 2.58
Best of luck! Updates will follow
A potential bat pattern is forming on the USDJPY pair. Completion is about 50 pips above the current market price.
Entry: 106.825
Stop: 108.444
Target 1: 104.268 = R:RR 1.57
Target 2: 102.643 = R:RR 2.58
Best of luck! Updates will follow
Trade active
Note
Target 1 hit.Trade closed manually
Closing the remaining position trade at a small profit before FOMC meeting.
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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.