In our current analysis of USDJPY, two distinct trading opportunities emerge:
1. Fib-3 Bat Pattern Retest:
- Timeframe: Weekly Chart - Setup: The Fib-3 Bat Pattern type2 on the weekly chart has already provided a profitable opportunity, and a retest is anticipated.
This pattern has previously yielded a substantial 903 pips in 13 weeks.
2. Bullish Butterfly Pattern:
- Timeframe: 1-Hourly Chart - Setup: A Bullish Butterfly Pattern on the 1-hourly chart, with an entry point identified at 148.78.
These setups reflect a mix of longer-term and shorter-term trading strategies. Share your thoughts and engage in discussions to enhance our collective understanding.
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