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justinholtgrave
Feb 11, 2017 1:43 AM

AUDJPY - Bearish Bat Short

Australian Dollar/Japanese YenFXCM

Description

AUDJPY has completed a bearish Bat pattern on the 4H timeframe. RSI is over-bought. SL set above previous highs. TP1 set at 38.2%, TP2 set at 61.8% Fibonacci retracement level.

Order cancelled

Conflicting bullish pattern on WEEKLY timeframe. Trade setup is invalid.

Comment

Pattern may still complete. Will stay out of the market on this one for now.
Comments
Jamal92
The chances of a sell is still very likely.
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