Cashing in on Potential USDJPY Pullback Profits!

Short

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

Bat Crab Shark askforex100 USDJPY Bearish Shark sharkpatterns Bearish Crab crabpatterns combotrade fib3bat bearishfib3

batpattern crabpattern sharkpattern askforex100 usdjpy bearishshark sharkpatterns bearishcrab crabpatterns combotrade fib3bat bearishfib3

The USDJPY pair continues its strong bullish movement, even on the Weekly Chart, reaffirming the prevailing uptrend.

Counter-Trend Strategy:

As a counter-trend trader by nature, I'm on the lookout for shorting opportunities.

Trade Possibilities:

Weekly Chart: A potential Bearish Fib-3 Bat pattern could offer an entry point for a pullback trade. However, I'm mindful of not waiting for excessive confirmation and potentially missing out on a 300-pip profit potential.
Daily Chart: Keeping an eye on a potential Bearish Crab Pattern confirmation at 150.43.
Intra-Day Traders: Consider waiting for the completion

of a Bearish Shark Pattern at 149.96.

I'm curious about your trade plan. What are your thoughts? Feel free to comment below.

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