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Akil_Stokes
Feb 15, 2016 12:41 PM

USDJPY: Potential Bearish Bat Pattern Short

U.S. Dollar/Japanese YenFXCM

Description

As the USDJPY finally shows some relief from it's tirade last week, we have a potential bearish bat pattern forming at a previous level of consolidation. The HTF structure lies a little higher at the red dotted line, but it would not surprise me at all if we saw a reaction between 114.50's and 116.00's

Other pairs that are on my radar today GBPUSD, AUDUSD, XAUUSD

Akil Stokes
Chief Currency Analyst & Head Trading Coach
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Trade closed: target reached

Comments
ayodelejohn20
for how many minutes
Akil_Stokes
I'm sorry but I don't understand you question?
UnknownUnicorn300837
First target hit on that one for 138 pips :) Now in risk free trade waiting for target 2 or BE to be hit
Akil_Stokes
well done
EMA21
THX Akil! Sold @ price 114,78 after the 2618 retracement from top 114,87 - +69 PIPS in 4 hours, right after entry - still running :-)
Akil_Stokes
Nice!
UnknownUnicorn101425
I´m with you guys too, although the rules are the rules, i hate all counting bullish candle right up to our PRZ. I got triggered, so lets see
Akil_Stokes
"the rules are the rules"
moneymaking
Awesome, right with you mate. Great work as always :)

Akil_Stokes
awesome
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