TomHall
Long

USD.JPY - Bullish Bat Pattern 112.442

FX:USDJPY   U.S. Dollar/Japanese Yen
On the USD.JPY 1 hour chart we have a potential long opportunity at the D leg completion of a Bat Pattern

The price reversal zone on this pair is between 112.442 & 112.180
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Fibonacci Confluence: 88.60% - 161.80% - 161.80%

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 116.00 even.
Stop loss would be placed below X leg structure support .

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