KVE
Long

USD/JPY: Weekly bat at support?

FX:USDJPY   U.S. Dollar / Japanese Yen
168 0 11
This idea is on the bat, so it's a LONG setup. But of course, this also means that until we reach the possible bat completion point I am only looking for more short setups (see linked idea)!

SL on the setup on chart is tight. Waiting for confirmation of a possible bulllish reversal is crucial to keep it that tight!
If it continues further down I will probably look for new longs around the major psych level and round number 100!

CONCLUSION: Short until the possible bat completes, probably switching to long if it does!
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