AUDJPY Bat pattern completion! Continue bearish move.
Updated
I've got stopped out on this market and been waiting for opportunity to get in. This market has now offered me an extremely high price to sell. It has popped up to complete the bat pattern and its now traded below the wave 1 low. I am selling at market and planning to swing trade it. It offers a great RR.
Trade active
Trade active. Risking 1% account size.Note
Bearish divergence at this turning point, gives me another layer of confirmation!Note
Still holding my short position! It traded back below my entry and made a new lowNote
Market is potentially going to pullback to 88.3 to 88.6 area (Bat pattern) I am looking to continue holding my short positionNote
Changing my profit target to 85.0
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