nikosda
Short

SHORT OPPORTUNITY

FX:USDJPY   U.S. Dollar/Japanese Yen
294 4 2
REASONS FOR SHORT:
1) BAT PATTERN
2)GOOD RESISTANCE AREA
3) RSI OVERBOUGHT
4)0,618 FIB
5)1.272 FIB - SMALL AB=CD
6)1.414 FIB AB=CD
If you look at the smaller time frame, this uptrend move is still strong. I'd wait for a bit before jumping in.
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if the bat pattern will complete i ll be a seller
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Does it qualify as a bearish bat anymore after the progress made?
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you talk about the range of the last bars?
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