Selling opportunity on audjpy

FX:AUDJPY   Australian Dollar / Japanese Yen
236 3
Hey, mate. UG pattern is almost completed on this pair. Have a nice day.
This pattern was found by the MPS-v5.5 pattern recognition software:

Learn the patterns for free. Click the education tab:

My YouTube channel:
I like this setup but there is a problem. If price gets to 78.200 this is possibly sign of a true change in trend. The overall downward momentum of price would then be likely to fail. So far the determined move on 4H is to the upside. With harmonic trading it doesn't matter though. For trend followers the money could be in the north side. 'Could' is a word of speculation. I don't know what the markets will do.
Alexander_Nikitin Captain_Walker
That's why I have stops at 78.19
There is a news at 8:30 EST, could move the market big time
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out