#USDJPY Multiple Opportunities 4H/1H(Bats, Structure, Harmonics)
#USDJPY Multiple Opportunities 4H/1H(Bats, Structure, Harmonics)
@TradeYodha (TradeYodha.com)
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
@TradeYodha (TradeYodha.com)
- Bat forming on 4H where we have a major structure
- On 1H we have 2 opportunities
- Short on 1H: Bat is forming to short in the upper zone. Target R/R as 1:1
- Long on Lower Zone: The lower zone has 200sma and has potential to become a very good support area. 50sma of 4H is also in the same zone.Depending on the price action, this lower zone may also become a part of an advanced pattern later on. Target R/R at least 1:1 but have multiple targets to long as the underlying trend on 4H is uptrend. Next long target for this will be around 120.860
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.