USDJPY - Bullish Bat on H1 Chart

14 בפבר׳ 2017

A bat pattern might be completing soon.
RSI is diving to oversold level soon as well.

Reasonable R:R at 1 (TP1) and 1.8 (TP2).

Price alert has been set in PRZ, will update if pattern completes.

14 בפבר׳ 2017

הפקודה בוטלה

Federal Reserve Chair Janet Yellen said more interest-rate increases will be appropriate if the economy meets the central bank’s outlook of gradually rising inflation and tightening labor markets.

Unfortunately, market reacted to Yellen's speech, driving USDJPY way up, making the bat pattern invalid.

Will be back for more setups, stay tuned.