KVE

USD/JPY: Weekly bat at support?

Panjang
FX:USDJPY   Dolar A.S. / Yen Jepun
11
This idea is on the bat, so it's a LONG setup. But of course, this also means that until we reach the possible bat completion point I am only looking for more short setups (see linked idea)!

SL on the setup on chart is tight. Waiting for confirmation of a possible bulllish reversal is crucial to keep it that tight!
If it continues further down I will probably look for new longs around the major psych level and round number 100!

CONCLUSION: Short until the possible bat completes, probably switching to long if it does!
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.