AUDJPY - BAT PATTERN ( SHORT TERM TRADE SET UP) DAILY.
As you can see, I am still short. My tp1 has be filled at 86.340. now I am waiting for the minor pullback to finish and wait for the price to fill my second target @ 84.492.
after my second target have knock, I'll be watching for a double bottom formation on 61.8% & watch for any good buying signal to form on structure after we saw the price busting the B point. I know for sure that price is going to struggle on that area. Therefore soon I am looking to go long.
Long target based on structure:
1. tp1 = 89.331
2. tp2 = 95.694
after my second target have knock, I'll be watching for a double bottom formation on 61.8% & watch for any good buying signal to form on structure after we saw the price busting the B point. I know for sure that price is going to struggle on that area. Therefore soon I am looking to go long.
Long target based on structure:
1. tp1 = 89.331
2. tp2 = 95.694