Beebags

USDJPY - Bearish Bat Pattern

Short
Beebags Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
There is a Bearish Bat Pattern on USDJPY H4 timeframe with D completion at 116.850. See trade details below.

I have detailed the fibonacci levels for each point on the chart for your reference/learning.

Entry: 116.840
Stop: 117.710
Target 1: 114.900
Target 2: 113.640

Hope everyone is having a good month so far!

Luke
Order cancelled:
Price has exceeded the A point, making this trade setup now invalid.

Luke

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