Have you observed the eclipse on the weekly chart of JPY pairs? It's a prevailing theme, reflecting a retest of structural support across all Yen pairs in my list.
This setup hints at a potential buying opportunity emerging in the upcoming week.
However, for those like me, eyeing the Bearish Fib-3 Bat Pattern on the weekly chart, there are two enticing opportunities on the 1-hourly chart.
Option 1 presents a Bearish Gartley Pattern at X, likely completing at 145.30.
Alternatively, Option 2 showcases a Bearish Fib-3 Bat Pattern, completing at 146.87.
Both scenarios necessitate a 3-bar reversal before considering trade engagement.
What's your strategy for USDJPY?
Share your thoughts or trade plans in the comments below!
Let's explore the potential moves in this market together. 💬📈
This setup hints at a potential buying opportunity emerging in the upcoming week.
However, for those like me, eyeing the Bearish Fib-3 Bat Pattern on the weekly chart, there are two enticing opportunities on the 1-hourly chart.
Option 1 presents a Bearish Gartley Pattern at X, likely completing at 145.30.
Alternatively, Option 2 showcases a Bearish Fib-3 Bat Pattern, completing at 146.87.
Both scenarios necessitate a 3-bar reversal before considering trade engagement.
What's your strategy for USDJPY?
Share your thoughts or trade plans in the comments below!
Let's explore the potential moves in this market together. 💬📈
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
