WirmachenTrader
Short

USDJPY: BEARISH BAT PATTERN WITH BEAUTIFUL FIBONACCI CONFLUENCE

FX:USDJPY   U.S. Dollar / Japanese Yen
This is a perfect example of nice harmonics at play. We've got a potential bearish bat pattern lining up at the FIB 1.618 Inversion and the 61.8% Retracement of the previous downswing on the higher timeframe. TGT's as shown.
Good trading. -Felix
Comment: Watch out for the news coming in around 15 min! Personally deleting my limit orders before. Possible Reentry after 15 min if pattern is still valid.
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