Possible Bearish shark pattern AUDJPY

Oct 2, 2018

Bearish shark pattern identified AUDJPY240. In my opinion, after a bit of a resistance at 0.886% retFib AX, the price would have a bull run to the 1.13%extFib AXA for the completion of a bearish shark pattern and an alternate ABCD pattern. I expect price reversal zone to be between 82.975 and previous market structure at 83.120, so the short entry point between 82.975 and 83.120, stop loss 83.336 and take profits n1 at 80.937 and n2 at 80.104.
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