Bearish Bat Forming on USDJPY at with Fib Confluence

Short

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

Harmonic Patterns Bearish Patterns Bearish Bat USDJPY cheminacci confluence

harmonicpatterns bearish bearishbat usdjpy cheminacci confluence

We have a potential Bearish Bat Pattern forming on USDJPY. The potential reversal zone aligns with a previous consolidation area as well. Potential entry between 110.60 and 110.90. Target 1 at 107.80 and Target 2 at 105.80.

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