USDJPY-Weekly Market Analysis-Dec20,Wk4

On the 4-hourly and daily chart, the USDJPY is going for a bearish run, however, countertrend and harmonic patterns traders you can wait for a countertrend trade of a bullish bat pattern for a buying opportunity. Think twice before you engage the trade as target2 gives you only 40pips of potential profits and we have not factored in the spread.
askforex100BatBullish BatCandlestick AnalysisCandlestick analysiscountertrendHarmonic PatternsUSDJPYuselections2020

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