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RaynLim

USDJPY-Weekly Market Analysis-Dec20,Wk4

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
RaynLim  
FX:USDJPY   U.S. Dollar / Japanese Yen
Bat Harmonic Patterns Candlestick Analysis askforex100 USDJPY Bullish Bat countertrend Candlestick analysis uselections2020
4
2
batpattern harmonicpatterns candlestick askforex100 usdjpy bullishbat countertrend candlestickanalysis uselections2020
On the 4-hourly and daily chart, the USDJPY is going for a bearish run, however, countertrend and harmonic patterns traders you can wait for a countertrend trade of a bullish bat pattern for a buying opportunity. Think twice before you engage the trade as target2 gives you only 40pips of potential profits and we have not factored in the spread.
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