Hey mates, the bat advanced formation is setting up on audjpy. Pay attention to the even number lining up with the bat completion. If you want to learn my way of trading visit my website. You will find the link below this description in the Signature section. Merry Christmas to all Orthodox Christians.
Thanks for your great analysis!
Here is my view on AUD/JPY if you are interested:
Strong selling activity from 87.50 shows that strong sellers are present and that the long uptrend is now over. The market will be probably in wider rotation now and I will go short from 86.61 because this place was the beginning of the sell-off that started 2016-12-15.
If you are interested there are more Market profile swing and intraday analysis in my profile page. You are very welcome there!
Dale
BambooGrowth
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that pattern failed, but the ABCD pattern still a possible outcome.
Albertini123
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merry Christmas to u too :)
DBZimran
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So short first, Then long???
Alexander_Nikitin
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@DBZimran, Learn the patterns mate before you even think to trade.
Here is my view on AUD/JPY if you are interested:
Strong selling activity from 87.50 shows that strong sellers are present and that the long uptrend is now over. The market will be probably in wider rotation now and I will go short from 86.61 because this place was the beginning of the sell-off that started 2016-12-15.
If you are interested there are more Market profile swing and intraday analysis in my profile page. You are very welcome there!
Dale