AUD.JPY - Long Opportunity @ 83.153
Updated
On the AUD.JPY 15min chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 83.153 & 83.048
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 A to D move.
There is also an opportunity to look for extended targets at 84.000
Stop loss would be placed below X leg structure support .
Target 1 - 83.485
Target 2 - 83.687
The price reversal zone on this pair is between 83.153 & 83.048
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 A to D move.
There is also an opportunity to look for extended targets at 84.000
Stop loss would be placed below X leg structure support .
Target 1 - 83.485
Target 2 - 83.687
Note
No pending order will be placed on this pair until later this evening.Note
D leg completion at 83.153
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