AUDJPY Potential Bearish Butterfly And Short Opportunity

2018年11月14日

AUDJPY completed its retracement from 83 USD. The fractal trendline is broken. If the pair breaks above 82.40, it is likely to retest 82.80 - 83.00 region. A potential Bearish Butterfly pattern would be completed at D. A minor retracement is predicted.

TIMEFRAME: M30
THE PATTERN: Bearish Butterfly
AREA OF THE ENTRY: 82.80-82-85
STOP: ABOVE 83.10
TARGET: 82.60
TARGET 2: 82.40
NOTE: This retracement can be the last minor retracement before the new bullish rally.