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Okoro_Regan

BUYERS TRAP

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
Okoro_Regan  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Harmonic Patterns
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trendanalysis chartpattern harmonicpatterns
I have studied AUDJPY using 3years backtest data and I can categorically tell you that buyers will be trapped at AUDJPY current price (74.61). Personally, I would sell at this price with SL at 75.109 and TP at 73.881 or place a sell stop at 74.198 with TP at 73.881. The Bears are warming up dangerously, buyers be warned!
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