AkashGaur

audjpy long triggered

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
Hello everyone heres a long on the aussie yen.The structure at hand is a reversal pattern and the divergences on both RSI as well as MACD are suggesting longs as well. On top we have a bullish bat pattern which further gives up more confidence in this setup. Atleast expecting the price to reach the 0.382 pullback and perahaps the 0.50 and 0.682. As indicated in the idea on the weekend we willl also look to sell it once a flag or some other pattern forms which i am expecting to finish between the 0.382 and 0.618 area

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