Andy_Parrish

USDJPY 15M - Potential Bat Pattern Short @ 112.08

Short
Andy_Parrish Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Hi all,

Looking at a potential bat pattern short on USDJPY 15M @ 112.08. If we break out of the current consolidation to the upside I'll be looking for this pattern to complete.

Stops above X
Target 1 @ 111.82
Target 2 @ 111.65

As always, targets will be adjusted should the pattern complete.
Trade closed: stop reached:
Stop reached for -26 pips

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.