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GaryChew_CFTe
Oct 14, 2016 7:39 AM

AUDJPY H4 LONG - RECTANGLE BREAKOUT + BAT PATTERN FAILURE Long

FX:AUDJPY240
Australian Dollar/Japanese YenFXCM

Description

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An opportunity to go long on AUDJPY H4 chart.
The Bat pattern appears to be failing, with the rectangle breakout likely.
Harmonic pattern failures are sometimes great trading opportunities, especially when coupled with another pattern.

Trade closed: target reached

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AUDJPYRectangle
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