USDJPY: Potential Bat Pattern | Key Resistance
The USDJPY moves sideways last few weeks and getting close to structure high at 107.81, that acts as a resistance level. The market respected that level multiple times (red arrows) and it more likely that it will do it again. If the price goes up it will form a bat pattern, which will increase the probability of this trading setup. The entry point is 88.6% of AD Leg.
T1 – 38.2%
T2- 61.8%
T1 – 38.2%
T2- 61.8%
