USDJPY BAT PATTERN
Updated
USDJPY fell to around 108 two times in 2017.
From the price action in Sep 2017,we can see it is a strong support area.
And we can find a potential BAT PATTERN at 108.20, so let's wait for the support reaction.
The stop loss will be a little big, so we should use a small lots and watch the candle closely
SL: 107.20
TP: 109/110.40/112
From the price action in Sep 2017,we can see it is a strong support area.
And we can find a potential BAT PATTERN at 108.20, so let's wait for the support reaction.
The stop loss will be a little big, so we should use a small lots and watch the candle closely
SL: 107.20
TP: 109/110.40/112
Comment
USDJPY also has a potential Butterfly pattern at 108.20 in the 1 hour chart
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.