


g4av1n
Almost to the D leg, limit order set
Trading Prior completion of the bat only because it looks like a nice B leg in between 50% and 61.8% as, as well as an overbought stochastic signal.
Bearish Bat Pattern on the 15 Min Chart
Coming soon so no need to put in a limit order, watch price action
Bullish bat pattern, will be watching closely to see if it holds and reverses at point D
I've been on the edge for some time whether or not to go short on USD/JPY - but if the pair can close below 109.700 with either a few solid 1 hour candles breaking and closing below, or one 4 hour candle breaking and closing below, that should be good indication that a fresh bearish breakout will come into play, driving it towards the bottom of the 4hr trend line.
Possible head and shoulders for a bearish breakout, or simply just a continuation of the trend in the bullish direction? What do you guys think?