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AUD/JPY - Pattern Confluence
Australian Dollar / Japanese Yen
AUD/JPY - Pattern Confluence
By LewisGlasgow
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Updated
Apr 19, 2017
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Apr 18, 2017
Wow this is huge! Today we have AUD/JPY on the 4h chart with a lot of confluence around the 81.500 level.
At this level, price will form a valid bullish crab pattern and the C point of two bearish 5-0 patterns.
I'm absolutely loving the look of this setup already!
That exact same level is a pivot support in the market as shown below.
I'll be looking for additional confirmation to go long, if successful it will soon be followed by a short position around 84.800
I'd like to thank you all for your continued support, keep sharing and liking my ideas.
Feel free to connect with me on social media :)
Apr 19, 2017
Note
One more drop before entry, get ready!
Apr 19, 2017
Trade active
I'm heading out for a while, entering early but still using the same SL and TP.
Feel free to wait for more confirmation.
Apr 23, 2017
Note
Watch the gap :)
5-0 Pattern
Bullish Crab
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