JamesBrown

USDJPY long opportunity coming up.

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Plenty of support showing up on the daily after a Bullish Bat completion. Targets one and two on the chart for that pattern.

If the Bat fails (0.886 retracement of XA), then there's also a Bullish Alternative Bat (1.13 retracement of XA) and Bullish Crab (1.618 retracement of XA) in the making. All of this is made possible by the close to 0.382 retracement of B into the XA leg, followed by the less than 0.886 retracement (0.793) of C into the AB leg.

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