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UnknownUnicorn180388

USD.JPY - BULLISH BAT & CYPHER SETUPS - 103.653 & 103.634

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
UnknownUnicorn180388 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
ukforexsignals Bullish Patterns LONG buy USDJPY Harmonic Patterns Cypher Bat
46
20
ukforexsignals bullish long buy usdjpy harmonicpatterns cypherpattern batpattern
On the USD.JPY 1hr chart we 2 potential trade opportunity's at the D leg completion of a Bullish Cypher & Bat setup.

Bullish Cypher Setup ( Light Blue ) - D leg completion 103.653
Target 1 - 104.365
Target 2 - 104.813

Bullish Bat Setup ( White ) - D leg completion 103.634
Target 1 - 104.354
Target 2 - 104.798

Bullish Bat Setup: Stop loss would be placed below X leg structure support.
Bullish Cypher Setup: Stop loss would be placed below X leg structure support.
Comment:
RSI bullish divergence on the 1hr timeframe could be a strong indication price is looking to reverse at the 103.20 support level.
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