UnknownUnicorn180388

AUD.JPY - Bearish Bat Setup - 77.062

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
On the AUD.JPY 1hr chart we have a potential short opportunity at the D leg completion of a bearish Bat setup.

The price reversal zone on this pair is between 77.062 & 77.258
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 opportunity to look for extended targets at around 76.200
Stop loss would be placed above X leg structure resistance.

Target 1 - 76.670
Target 2 - 76.444

Website: www.UKForexSignals.com
Instagram: www.Instagram.com/UK_Forex_Signals
Instagram: www.Instagram.com/Tom_Hall_Official
Twitter: www.Twitter.com/Tom_H_Official
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.