Michael_KM
Short

Bearish Bat Pattern (Completed) USDJPY

FX:USDJPY   U.S. Dollar / Japanese Yen
Hello traders,
We completed a bearish Bat pattern on this pair @ 105.89
Price currently lies at around 106.17s
This provides a great opportunity to go short on this pair. This pair has been in a down trend. We have completed at an area of support turned resistance and have also put in some bearish divergence.
Target 1@ 103.21
Target 2 @ 101.54
SL @ 107.93

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Trade closed: target reached: Target 1 reached, waiting for target 2
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