USDJPY Daily: Potential Bat Pattern + Major Resistance Level
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The USDJPY currency pair stayed in an uptrend till June 2015. Since then price is pending in a range, making slightly lower highs. There is potential momentum to the downside. The major resistance level + potential bat pattern is giving the trading setup a high probability chance to participate in the market.
The USDJPY currency pair stayed in an uptrend till June 2015. Since then price is pending in a range, making slightly lower highs. There is potential momentum to the downside. The major resistance level + potential bat pattern is giving the trading setup a high probability chance to participate in the market.
Note
Wait for the pattern to complete
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Related publications
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.