USDJPY bearish bat pattern

7 Ara 2016

Hi traders,

On the USDJPY we have a potential bearish bat pattern forming. We can see that price is struggling to get from point C to D, so it wouldnt surprise me if the 144.400 peak is the top for short-term views.
Entry: 114.571
Stop: 114.962
Target: 113.926 = R:RR 1.65

Good luck guys! I will be updating this chart as time progresses.

7 Ara 2016

Emir iptal

Pattern invalid. The peak was indeed 144.400.