USDJPY: 1H Bat Pattern

13 de fev. de 2016

Bat pattern in play that could be entered as HTF trend continuation with extended targets or normal pattern trade. There is also HTF .618 retracement within the resistance zone along with the 115.000 even handle number. A tiered position entry technique might come in handy in this situation. If this zone does not hold and price pushes higher, I would eye ball 117.000 for a short opportunity.

Good luck trading!