Analysis on #USDJPY
The USDJPY might have a possible bearish bat pattern that might complete near a strong resistance level where the market showed some bearish momentum.
>> If the market comes to my structure resistance zone near 116.20 where the market turned bearish in the past, I will then look for a selling trade with a good risk to reward if the entry rules are met.
!! I warn you we have major USD news coming today and tomorrow.
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Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
The USDJPY might have a possible bearish bat pattern that might complete near a strong resistance level where the market showed some bearish momentum.
>> If the market comes to my structure resistance zone near 116.20 where the market turned bearish in the past, I will then look for a selling trade with a good risk to reward if the entry rules are met.
!! I warn you we have major USD news coming today and tomorrow.
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
