A trade for the brave contrarians!
Greetings traders! A look at AUDJPY, and an observation of the daily charts shows a nicely completed Shark pattern that bottomed right on a 61.8% retracement of a dominant set of pivots. We got a nice reaction of that point, and now we are sitting on yet another 61.8% retracement. AUD positioning is very short. Is now the time to take it on. You decide!