themarketzone

Aggressive C entry (bullish) - Bearish Bat

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
Just like in $AUDUSD (see linked idea), $AUDJPY also shows potential upside towards AUD rate decision.
The setup - Aggressive C entry in a bearish Bat.
Stop loss below X (or at least below C)
Potential targets - 87, 89, 90 and 91.

Notice the strong resistance zone near 90-91. This is the final target level for this setup and potential short term sell zone that allows to trade with the trend

Tomer, The MarketZone
Follow me on TradingView
Subscribe to my newsletters - goo.gl/psNTqg
Follow my blog - goo.gl/78KZsl
Subscribe to my Youtube channel - goo.gl/q8dbyT

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.