chartreader_pro

AUDJPY Potential Bearish Butterfly And Short Opportunity

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY completed its retracement from 83 USD. The fractal trendline is broken. If the pair breaks above 82.40, it is likely to retest 82.80 - 83.00 region. A potential Bearish Butterfly pattern would be completed at D. A minor retracement is predicted.

TIMEFRAME: M30
THE PATTERN: Bearish Butterfly
AREA OF THE ENTRY: 82.80-82-85
STOP: ABOVE 83.10
TARGET: 82.60
TARGET 2: 82.40
NOTE: This retracement can be the last minor retracement before the new bullish rally.


For alerts,charts,special reports,news and singals over 15.000 + instruments contact us via pm or our free Discord: discord.gg/Ku9kzfq

Link to services and products: linktr.ee/chartreaderpro
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.