AUDJPY - Potential Bat Pattern on Daily Chart
A bearish bat pattern appears to be completing.
R:R at 1.2 (TP1) and 2.1 (TP2).
Take note of tomorrow's news for aussie's employment change, unemployment rate and China's industrial production.
These factors may cause some volatility so trade with caution.
I will update if pattern completes.
R:R at 1.2 (TP1) and 2.1 (TP2).
Take note of tomorrow's news for aussie's employment change, unemployment rate and China's industrial production.
These factors may cause some volatility so trade with caution.
I will update if pattern completes.
Comentarios:
Pattern has completed and using multiple time frame analysis, we have RSI declining from overbought level and back to PRZ. Good time to short.
Comentarios:
Operación cerrada: precio stop alcanzado