FX:AUDJPY   Australian Dollar / Japanese Yen
Hey, traders. Priceaction made a NSH above recent highs. This tells me about a new up-trend installed. It was not a bad idea to enter at 0.886 correction of the last impulse leg in anticipation of the trend to continue. So I did it using this bat pattern. My stops are below X at 1.13XA. As we see priceaction penetrated the X-point. Although my stops were not hit the whole idea of up-trend continuation now is invalid. So, I do not recommend you to enter long here. Use this idea for educational perposes only. check the related ideas links to see how good this kind of setups work). Press like if you find the information useful. Subscribe in order to recieve my ideas in advance.

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