RaynLim

Bearish Bat Confirmed, Shorting Opportunites Ahead

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY's Weekly chart confirms the presence of a Bearish Fib-3 Bat Pattern, signaling a potential trading opportunity.

One approach to engage this trade involves patience, waiting for a break and close below 146.66 on the 1-hourly chart.

Upon confirmation, I plan to enter the trade, anticipating a significant pullback or a setup aligning with the bearish pattern.

What are your thoughts or trade plans for USDJPY?

Share your insights or strategies below!

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.