Alexander_Nikitin
Short

Selling opportunity on audjpy

FX:AUDJPY   Australian Dollar / Japanese Yen
Hey, mate. UG pattern is almost completed on this pair. Have a nice day.
This pattern was found by the MPS-5.2 pattern recognition software: https://goo.gl/viM3Ya

I am hosting a webinar on 21 Oct: http://ps-software.net/webinar-registration/

My Youtube channel: https://www.youtube.com/user/alexniquitos?sub_confirmation=1
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.
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Alexander_Nikitin Captain_Walker
That's why I have stops at 78.19
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There is a news at 8:30 EST, could move the market big time
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