AdamHong

USDJPY:Potential Bearish Bat Pattern

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
The bearish Bat pattern will complete at 113.5 level and the 1.618EXT of AB is at 113.7 level.
So it is good to sell short at 113.5-113.8 levels when price action gives signals in the PRZ.
SL:above 113.9
TP1:112.8
TP2:111.7 and further more

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.