BluFX
Short

AUDJPY LONG-TERM SHORT AT MARKET

FX:AUDJPY   Australian Dollar / Japanese Yen
Bearish market long-term. Bearish 786 retracement indicates a possible bullish bat pattern completing at 73.00 area. 0.618 fib retracement zone using the recent downleg from 79.00 down to 76.00. Bearish trendline resistance. Lots of confluence indicates a strong sell zone here at 78.00. Nice risk to reward as well!

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