Bearish Bat Pattern on USDJPY

SaleemJunedLala Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
It can be observed that bearish bat pattern has emerged on the USDJPY hourly chart.

Short can be entered above: 113.67

Stop: 114.06 which is just above a strong resistance zone marked with a green horizontal line

Target: 112.89
Trade closed: target reached


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.