AUDJPY - Bearish Bat at top of ED Channel

FX:AUDJPY   Australian Dollar / Japanese Yen
Hey guys, am currently watching AUDJPY             .

I am interested to go short on this pair.

It has bearish bat pattern completion and it is at the top of my drawn ED channel a.k.a Parallel channel .

EP: 78.70
SL: 79.40 (70)
TP: 76.50 (220)

If you are already took position on EURJPY             idea posted early week, I suggest to keep this position to half your normal risk exposure. (1% max DD             for me)

NFP will happen tonight, if you do not mind trading the news, you could consider this as a trade idea.

Good luck and great trading!
Trade active: In at 78.70.

Gonna hold it over the weekends and hope it reaches my TP next week.
Comment: Stop loss updated to 79.20.

Riding on 50 pips of profits now.

Targets still at 76.50.
Trade closed manually: Took some profits off the table.

Price is ranging very strongly.

Will seek to re-enter short when it retest around 78.90.
Nice Pic , Temujin khan of harmonic patterns.
what is Temujin Khan?
RuhailKhan TerryHarmonicTrading
He ruled the world and made the greatest empire till the history. japan to russia all countries king
Nice call Terry!
sorry not motivewave formationseeker.
if you use ninja trader, I have the harmonic pattern collection which is even more accurate. FS the numbers are not perfect.
RuhailKhan TerryHarmonicTrading
I have motivewave and playing to buy ensign due to larry pesavento indicators. if you think ninjatrader is good i change my plan. but i love to use automatic harmonic. i have 4 to five companies harmonic even fxground too. but all change the D point mostly.:(
my advice, dun touch larry's stuff, Scott told me he is not a real trader. Wait for me to recommend u the ninja trader software after I try it this weekend.
RuhailKhan TerryHarmonicTrading
Thank you Terry, your very kind person and good trader as well as good teacher, i will wait for your reply. regards
Sir tell me one thing, motivewave is better or harmonic analyzer pro?
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