U.S. Dollar / Japanese Yen
Short
Updated

USDJPY Bearish Butterfly and Bat

128
Bearish Butterfly and Bat Sell

Bat Setup
************

Sell at 117.269

Stop Loss at 117.85

Target 1 Fib (0.382%) 116.509
Target 2 Fib (0.618%) 116.054

If Bat pattern Fails than wait for the butterfly pattern to get in
***********************************************************************************

Butterfly Setup
********************

Sell at 119.102

Stop Loss at 119.611

Target 1 Fib (0.382%) 117.619
Target 2 Fib (0.618%) 116.689

Keep in mind the bullish Bat pattern on the 4hr chart do not set your targets bellow point D of that bat as chances are it will revers in that area.



Order cancelled

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.