Looking at a possible bearish bat forming on the USDJPY. 102.511 is the .382 retracement from the July 21 to Aug 16th swing also which could also be an area of resistance.
Looking at a reversal zone of 102.511 through 102.580
SL @ point "X" 102.654
Initial TP @ 102.211
final target @ 101.946
Thanks for viewing
Bud
Looking at a reversal zone of 102.511 through 102.580
SL @ point "X" 102.654
Initial TP @ 102.211
final target @ 101.946
Thanks for viewing
Bud
Trade active
trade triggered
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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.
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.