AUDJPY Bat or Butterfly?

43
This is my personal simple analysis on AUDJPY.

For Entry I would prefer to wait for confirmation on Price Action.

2 Possible Scenario:

1st: Break 4th R, I would likely to buy
and Take Profit at 3rd R.

Reason: Break Small Down Channel
+ Double Bottom
+ Completing Bearish Bat Pattern (extreme entry)

2nd: Going for 4th S and Break .
I would likely to sell and
Take Profit at Previous Daily Support

Reason: Last Push ( Stop Hunt For Daily)
+ Completing Spring Wyckoff Distribution
+ Completing Bullish Butterfly Pattern

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.