Michael_KM
Long

Potential Long Opportunity USDJPY Bat Pattern

FX:USDJPY   U.S. Dollar/Japanese Yen
Hello Traders,
This market has been forming a series of lower lows and lower highs.
We have broken these highs to form an area of consolidation.
We have a potential Bat pattern completing at 106.39.
In this area we have some support and Fibonacci confluence . This is where i expect price to react.
Target 1: 106.71
Target 2: 106.92

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Trade closed: stop reached
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