paulsandhu

2618 + bearish bat

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
I had entered short on UJ upon completion of a 2618 pattern. To my surprise, the pair completed a bearish bat formation w/ divergence. A lot of confluence on the pair and massive downside if the bankers bring it down below the recently respected trend line. Fundamentally, we need to wait for economic data to filter into the market tomorrow before any real moves occur.
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