USDJPY bearish bat or butterfly?

U.S. Dollar/Japanese YenFXCM

Description

⋅ Nov 26, 2018 2:28 AM

USDJPY has a potential bearish bat (dark purple), monitor closely around 114 area.
If it fails to hold at 114 and breaks above the ascending triangle, it could potentially form a bearish butterfly.

Comment

⋅ Nov 29, 2018 4:26 AM

It reacted nicely at 114 level