With no mistake, USDJPY is on a Bullish Trend, but that doesn't mean we can't look for a counter-trend trading opportunity. We have a Bearish Crab Pattern completing at 135.58 on the 1hourly chart.
On the 4-hourly chart, there is a potential Bearish Bat Pattern that has the potential of completing at 136.59.
Knowing that this is a counter-trend setup, a candlestick confirmation is required against a strong bullish trend.
On the 4-hourly chart, there is a potential Bearish Bat Pattern that has the potential of completing at 136.59.
Knowing that this is a counter-trend setup, a candlestick confirmation is required against a strong bullish trend.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
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🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
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Live session & Trading Tips on the GO
instagram.com/raynlim/
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.