AUDJPY SHORT OPPORTUNITY
There is a AUDJPY bat in formation, price reacted weel to 88.6% of XA also is converging with the trendline, we look to short at current price, Initial Profit Objective is at lower trendline, fast trendline management is required if it breaks the trendline
Trade closed: target reached
Target at 83.600 reached, expecting another entry opportunity if price action bounces the trendline
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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.