Bearish Bat Confirmed, Shorting Opportunites Ahead

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. 💬📈