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