Get started
fnswingfx

AUDJPY Bat pattern completion! Continue bearish move.

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
fnswingfx Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Wave Analysis AUDJPY Bearish Patterns Elliott Wave patterns jpy aussie
3
0
trendanalysis harmonicpatterns waveanalysis audjpy bearish elliottwaves patterns jpy aussie
I've got stopped out on this market and been waiting for opportunity to get in. This market has now offered me an extremely high price to sell. It has popped up to complete the bat pattern and its now traded below the wave 1 low. I am selling at market and planning to swing trade it. It offers a great RR.
Trade active:
Trade active. Risking 1% account size.
Comment:
Bearish divergence at this turning point, gives me another layer of confirmation!
Comment:
Still holding my short position! It traded back below my entry and made a new low
Comment:
Market is potentially going to pullback to 88.3 to 88.6 area (Bat pattern) I am looking to continue holding my short position
Comment:
Changing my profit target to 85.0

Related Ideas

fnswingfx
AUDJPY 4H TF 5th-Wave Bearish
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.