USDJPY Analysis: Bearish Fib-3 Bat Retest

Analysis:

- Trading Setup: Bearish Fib-3 Bat Retest
- Entry Zone: Identified at Bearish Bat Retest or Key Resistance Zone
- Signal Confirmation: Supported by RSI Divergence
- Trading Expectation: Expect potential stop-outs on lower time frames

Trade Plan:

- Short Opportunity: Aggressive traders may consider shorting USDJPY at the identified retest zone
- Risk Management: Plan trades in advance and adhere to rules that invalidate the setup

Your Thoughts?
Are you considering a short position on USDJPY? Share your insights and trade plans in the comments below!

📉 Remember to trade responsibly and manage your risks effectively! Trading involves inherent risks and requires careful analysis.