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.
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.
snapshot
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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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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