TradingView
DigitalKM
Jul 18, 2016 11:20 PM

Bearish Bat Pattern (Completed) USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

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

Feel free to follow, like, share and comment
instagram.com/kashmarkets/

Trade closed: target reached

Target 1 reached, waiting for target 2
More