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Ken

05 USDJPY DAILY CHART

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Ken Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Chart Patterns
5
0
trendanalysis supportandresistance chartpattern
DAILY: USDJPY reversed up from previous daily low and broke the trend line. Now I am bullish with this pair and wait to go long with the pullback.
Comment:
snapshot

4-HOUR: Check the price action at 0.618 retracement with the trend line retest around 109.18. If there’s no any reversal action, it’s possible complete a bat pattern around 108.54.
Comment:
snapshot
4-HOUR: Potential bat pattern around 108.54. Pay attention that level.
Comment:
snapshot

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