nonobeijing
Short

USD/JPY Bat pattern indicating a bearing trend.

FX:USDJPY   U.S. Dollar/Japanese Yen
147 2 4
I am quite new at making harmonic patterns (it is my first one). Would you mind tell me what you think of this analysis?

Many thanks!

Arnaud
TradersClassroom
2 years ago
Ideally we would like to see the b retracement to the .50 of the "xa" leg. Some will still trade the .382 but .50 level is the best level for this pattern. GL
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nonobeijing TradersClassroom
2 years ago
Thanks a lot. Really appreciate.
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