akyong
Short

USDJPY: Bearish Bat completion near the top

FX:USDJPY   U.S. Dollar/Japanese Yen
Current Sentiment: Bearish

Pending Technical Score (PTS)

Direction with trend: +1
SnR             Confluence: +1
Trendline Confluence: 0
161 Harmonic Confluence: +2

Total: 4/8

Place pending order.

I would love to hear your opinion, feel free to comment, agree or disagree.

------------------------------------------------------------------------------------------------------------------------------------------------------------------

Always wanted to connect, learn and help one another throughout your trading journey? Join our community for FREE at https://www.facebook.com/groups/fxpipsology/ The only thing you need to 'pay' is your commitment to trading and sharing!

Have a great pipping day!
http://www.fxpipsology.com/
https://www.facebook.com/fxpipsology
Cheers,
KY
Chief Currency Strategist
Alpha Play Forex Trading School - www.alphaplay.com.sg
YouTube - https://www.youtube.com/user/akyong9
Facebook - https://www.facebook.com/karyong
this is great. I have this on my radar too. Especially when dollar index is reaching a level of resistance it makes more sense to have this kind of trade
#USDJPY Multiple Opportunities 4H/1H(Bats, Structure, Harmonics)
+1 Reply
Your tecnical score system looks very interesting do you mind to share any secrets aboute how you valuate patterns with it?

Kind regards
Thomas Jeff
Reply
Your tecnical score system looks very interesting do you mind to share any secrets aboute how you valuate patterns with it?

Kind regards
Thomas Jeff
Reply
akyong ThomasJeff_DCM
2 years ago
This is what each component means:

Direction with trend: if the trend is bullish and we have a bullish pattern, we give it a +2. If not, then 0.

SnR Confluence: if there is a support or resistance at PRZ, we give it a +2, if not 0.

Trendline Confluence: if there is any trend line support/resistance that coincides with PRZ. If yes, +2. If no, 0.

Harmonic Confluence: if there is any fibo extension that coincides with PRZ. If yes, +2. If no, 0.
Reply
ThomasJeff_DCM PRO akyong
2 years ago
Thanks a lot it´s an pretty good idea for a valuation of the pattern. I will try it out!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out