TomHall
Short

AUD.JPY - Bearish Bat Setup - 77.062

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

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