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Kelthogar

Short this thing

Short
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
Kelthogar  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns aud jpy AUDJPY
2
0
trendanalysis harmonicpatterns chartpattern aud jpy audjpy
I think that we have here a great chance for a litte shorting opportunity.

At the top we have the orange Weekly trendline, which represents a strong resistance.
Furthermore we have an ascending wedge on the 4H timeframe, and an overbought RSI - STOCH indicator, which are all confirming an upcoming short.

So, go for it and take some serious profits.

You can enter now or wait for 79.600 to enter.
TP at 78.800
Tight SL at 79.750
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