TimBrent

USDJPY trend continuation trade with a Bat patter completion.

Short
TimBrent Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
12
Traders,

Picked up a nice potential trend continuation trade. The price didn't broke the support earlier (see my related ideas). It pushed back up to this major resistance level.
I combined a bat pattern into the chart for some more confirmation.
Lets see what this pair will bring us.

Best regards,

Comment:
Could this be a fake breakout? i guess we will find out soon
Comment:
looks like the price will continue to the downside to test the previous lows. i hope you have a tested trading strategy to enter this trade
Trade closed: target reached:
First target hit. Closed postition looks to bullish for me at the previous support level. Picked up a nice R/R. Good trade
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