USDJPY@ Bearish Bat Patterns To Push Price Lower

Looking at the chart we have indetified two bearish bat patterns with their D point extremely close. Price is in a corrective structure having already formed four of five wxyxz pattern. I believe that these patterns will be the reason in order to have the completion of z wave.

I will enter with 3 position this setup. If price reaches the first target i will move stoploss to breakeven to the other two.

Like and comment if you agree,
John.

Trade attivo

Trade chiuso: stop raggiunto