USDJPY trend continuation short opportunity
Updated
Good morning traders,
USDJPY shown very nice weakness on 13 februari where the price broke a very strong support zone (daily chart).
After this break i am very bearish on this pair. I think the price can continue down at least to 104,100.
So this bat pattern can be a reason to get involved with a short opportunity!
Also the RR is very attractive..
Lets see if this bat can complete.
SL: 107,786
T: 105,249
Best regards!
USDJPY shown very nice weakness on 13 februari where the price broke a very strong support zone (daily chart).
After this break i am very bearish on this pair. I think the price can continue down at least to 104,100.
So this bat pattern can be a reason to get involved with a short opportunity!
Also the RR is very attractive..
Lets see if this bat can complete.
SL: 107,786
T: 105,249
Best regards!
Note
There is an inner gartley completion. if i see an LLLC candle i might enter this gartley aswell.Trade active
Entered the gartley after we gapped down at market open.T: 105,249
SL: 107,300
Trade closed: target reached
Finally targets hit for a nice 122 pips win.Patience pays
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