Short term bearish scenarios on $AUDJPY - Bearish harmonics

FX:AUDJPY   Australian Dollar / Japanese Yen
In the chart you can see two harmonic scenarios for $AUDJPY that could present short term bearish opportunity on this pair.
Earlier, before the RBA trade decision, I took a bullish trade that I sent to the Elite Zone members based on Aggressive C entry near 90.3. That trade is already up almost 150 pips and now I'm looking at possible short term pullback towards 91.
This is an Elite Zone setup example I just sent to the Elite Zone members and these are the kind of things we do during our trading week. Finding trade, monitor them and manage them.

In this $AUDJJPY scenario the entry is somewhere between 91.6 and 91.8 as these levels are the PRZs of two harmonic patterns ( AB=CD and Bat pattern .

If $AUDJPY will rally towards 91.8-92, it will present a bearish setup, based on the Gartley with a better almost 2.5 Risk/Reward ration.
Great View! Thanks for this Gartey BEARISH HARMONICS
+1 Reply
themarketzone FlameBlazer
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out