trungle83

AUDJPY BAT Pattern (DAILY)

Short
trungle83 Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Good opportunity to Short as a BAT Pattern C to D leg is forming.
Watching this the next few days and will be looking for price action around the 80.900 - 80.950 level to signal to short.
3 key points why I want to short this.
  • High time frame shows this pair is still on a downtrend
  • Bat pattern is formed right at the height of the parallel channel
  • Strong resistance around 80.800 area
Trade closed: target reached:

Beautiful trade. T2 Hit.
Trade closed: target reached:

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