Now USD/JPY is bullish, however , I am watching for a short opportunity around(114.20-114.40). A potential bat pattern is waiting for us.
The potential reverse zone: D(114.20-114.40) must be 88.6% retracement of XA and 2.618 times of BC.
If the price reach there, I will consider to sell USD/JPY . Target:113 Stop loss:114.750
Wait and patient
The potential reverse zone: D(114.20-114.40) must be 88.6% retracement of XA and 2.618 times of BC.
If the price reach there, I will consider to sell USD/JPY . Target:113 Stop loss:114.750
Wait and patient
Comment:
RSI divergence
Comment:
The power of RSI divergence. bat pattern doesn't have chance to formed
Comment:
seems to missing 150pips