4 hr potential buying opportunity on usdjpy 2618

potential 2618....Usdjpy had a nice bat pattern setup I took last Friday. Pattern hit 38.2 of bat and reversed to the downside. It set up for a nice 2618 opportunity the market broke the neckline of the double bottom and the market is currently coming down. Markets on 1hr hopefully will be oversold and I will look to buy with a limit order if market is oversold at the 109.089 level (61.8) on fibs... stops will go about 10 pips below our previous lows of double bottom. (BTW 1 hr confirms exact same setup )

Commentaire:

1 hr confirmation