glennmercer
Short

Short USDJPY: Bearish Bat + H&S + S/R + Missed Pivot

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY             is completing a bearish bat pattern near a strong support and resistance zone. We also have the neckline from a head and shoulders pattern striking through the S/R area for added resistance above the PRZ. SL is placed above 1.13XA with targets at .618CD and the unhit monthly pivot for November, 2015.

Confluence in the PRZ:
  • Bearish bat pattern completion
  • Head and shoulders neckline
  • S/R zone
  • 2.5BC projection
  • 1.786AB=CD
  • Unhit November, 2015 pivot

Thanks for your continued support and don't forget to click the thumbs up button and follow for future updates and more trade ideas!
Comment: Bigger Picture (4H):
snapshot
Trade active
Comment: SL hit, -50 pips
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out