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orvilleawright
Oct 30, 2015 4:13 PM

BEARISH USDJPY 4 Hour: SELL Channel top and BUY BAT pattern Short

U.S. Dollar/Japanese YenFXCM

Description

BEARISH USDJPY 4 Hour: SELL Channel top and BUY BAT pattern
(Analysis Based on 4 hour chart)

Observations
1. Long term down channel
2. Short term sideways channel
3. Daily swing high
4. Weekly support/resistance zone
5. Bullish BAT pattern

NOTE: Wait for price action to confirm the importance of these levels.

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