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orvilleawright

BEARISH USDJPY 1 Hour: Sell BAT at market; Buy support

Short
US-Dollar / Japanischer Yen (FX:USDJPY)  
orvilleawright  
FX:USDJPY   US-Dollar / Japanischer Yen
USDJPY hourly Bearish Patterns SELL short orville wright orvillewright Bat consolidation consolidating rangebound price-action structure-trade support Support and Resistance
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usdjpy hourly bearish sell short orville wright orvillewright batpattern consolidation consolidating rangebound price-action structure-trade support supportandresistance
Nov 4 2015: BEARISH USDJPY 1 Hour: Sell BAT at market; Buy support
(Analysis Based on 1 Hour chart)

Observations
1. This pair has been trading in a range.
2. Price currently at resistance
3. Bearish BAT pattern now completed
4. RSI hidden divergence

NOTE: Wait for price action to confirm the importance of these levels.

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