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U.S. Dollar / Japanese Yen
Updated

USDJPY bearish bat or butterfly?

312
USDJPY has a potential bearish bat (dark purple), monitor closely around 114 area.
If it fails to hold at 114 and breaks above the ascending triangle, it could potentially form a bearish butterfly.
Note
snapshot
It reacted nicely at 114 level
rckh
Bearish BatBearish ButterflyHarmonic PatternsTrend AnalysisUSDJPYusdjpylongusdjpyshortWave Analysis

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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.
Bearish BatBearish ButterflyHarmonic PatternsTrend AnalysisUSDJPYusdjpylongusdjpyshortWave Analysis
rckh

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.