AUD.JPY - Short Opportunity @ Market

1 мая 2017 г.

On the AUD.JPY 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup.

The price reversal zone on this pair is between 83.921 & 84.00
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 82.80
Stop loss would be placed above X leg structure resistance.

Target 1 - 83.467
Target 2 - 83.187

1 мая 2017 г.

Заметка

Please Note:
Although price is at the Bat D leg completion, the pair doesn't currently meet my rules to enter.

1 мая 2017 г.

Заметка

If we see a break and close above 84.20 it will invalidate the idea for me.

1 мая 2017 г.

Заявка отменена

No trade setup on this pair it hasn't met my rules to trade.