Hey all,
Here we have a potential Bullish Bat Pattern forming on USDJPY. the C-D leg is in a small period of consolidation, however hoping for a press lower to complete the pattern (a break of structure where the green line is). If we get this the pattern is more likely to complete.
Will be looking for 2 targets which gives us a strong Risk Reward. Given the holidays I wouldn't expect too much movement however will be paying attention to tomorrows news.
Fibsii Team
Here we have a potential Bullish Bat Pattern forming on USDJPY. the C-D leg is in a small period of consolidation, however hoping for a press lower to complete the pattern (a break of structure where the green line is). If we get this the pattern is more likely to complete.
Will be looking for 2 targets which gives us a strong Risk Reward. Given the holidays I wouldn't expect too much movement however will be paying attention to tomorrows news.
Fibsii Team
