- The USDJPY pair continues its strong bullish movement, even on the Weekly Chart, reaffirming the prevailing uptrend.
Counter-Trend Strategy:
- As a counter-trend trader by nature, I'm on the lookout for shorting opportunities.
Trade Possibilities:
- Weekly Chart: A potential Bearish Fib-3 Bat pattern could offer an entry point for a pullback trade. However, I'm mindful of not waiting for excessive confirmation and potentially missing out on a 300-pip profit potential.
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- Daily Chart: Keeping an eye on a potential Bearish Crab Pattern confirmation at 150.43.
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- Intra-Day Traders: Consider waiting for the completion
I'm curious about your trade plan. What are your thoughts? Feel free to comment below.
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