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X5
Jun 30, 2016 4:31 AM

AUD/JPY H4 - Short setup - Bearish 5-0 pattern Short

Australian Dollar/Japanese YenFXCM

Description

- Pattern completed
- Bear divergence present
- Pin bar (reversal bar) formed

Entry: 76.65
Comments
marcus123
this looks very nice; a double top on the M30 around 76.96 could signal the decline...divergence in this timeframe here; couple this with the 5-0 pattern you spotted, and its looking favourite...
X5
Hope the best, 76.96 was definitely a better entry. Pattern remains in play.
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