Trading_Jazz
Short

Bearish Cyphers // IF=THEN ®

FX:AUDJPY   Australian Dollar/Japanese Yen
FX:AUDJPY            

Short-term bullish & bearish IF completed (IF=THEN)

Check previous published idea "Short the 618 and buy the bulls // IF=THEN ®": - Monthly Chart*
snapshot
link below

CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD

Safe trades;
Great chart.
Let's dissect this move:

AUDJPY: Interesting short term short


snapshot


I don't really expect such a move up, but we'll know soon enough.
Red lines are resistance, if we move above, then my projected targets below get invalidated.
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