USDJPY: Potential Bearish Bat Pattern w/ Supply Zone

Not too much on my radar today, which is perfect since I prefer not to be actively trading on Monday’s. With that being said, something that I have my orders locked and loaded on for later on is this potential bearish bat pattern on the USDJPY completing at 125.09 right around a 4hr supply zone. This one may also be worth watching as it approached 125 even as we know how these psychological numbers affect price action.

Last week was one of our rougher week’s in the Syndicate program. If you’d like to read about it check out the blog post I wrote reviewing my 33rd Week of Trading in 2015. tradeempowered.com/week-33-in-review/

Akil Stokes
Chief Currency Analysis at Trade Empowered
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