ChrBue

AUDJPY - short - bearish bat pattern plus two potential short op

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
hi guys, potential bearish bat pattern. price has reached structure and shows slowed down momentum. RSI is oversold. watch for price to confirm turnaround and short. as price turned around close to the 0.382 retracement an alt. bat is possible. stop loss should be above 1.13 of x.

if price breaks structured and continues move up, than look for bearish shark or bearish crab. both finish around the same price with a nice fibo cluster. wait for price action to confirm entry.

targets on chart. trade with care.

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