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glennmercer

UJ Short From Resistance Zone

Penjualan
Dollar A.S. / Yen Jepang (FX:USDJPY)  
glennmercer  
FX:USDJPY   Dollar A.S. / Yen Jepang
Bearish Bat Harmonic Patterns Support and Resistance priceaction
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bearishbat harmonicpatterns supportandresistance priceaction
USDJPY has been showing weakness since last week after a decline from around 124.3. After reaching Bearish Bat target T2 it has retraced .618 to a high resistance area. We may start looking to short the pair with targets at the 1.272 and 1.618 extensions from the previous swing high. Stop loss around 124.

T1: 121.4
T2: 120.7
SL: 124.0
Pernyataan Penyangkalan

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