USD.JPY - Bat Pattern at a strong psychological number

FX:USDJPY   美元/日元
485 1
On the USD/JPY 1hr chart we have a potential short opportunity at the D leg completion of the Bat Pattern .
The price reversal zone that is of interest is between 121.00 & 121.223.

On many occasions the D leg completion of a pattern will complete at a certain Fibonacci, however on this potential Bat Pattern we have more confluence including a cluster of Fibonacci's along with a strong psychological whole number being 121.000.
All this confluence coming in at the PRZ zone should give more confidence when trading this pattern.

It is possible to get long at the break of the B leg resistance at 120.346, but it is advised to await a D leg completion at 121.000 before looking to take any action.

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance .
How To Trade The Bat Pattern.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出