OANDA:AUDJPY   Australischer Dollar/Japanischer Yen
What's up everyone, here we have AUD/JPY with two bearish bat patterns on the 4h chart.

Excellent opportunity with over 1:3 risk to reward.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

Price has dropped from the first reversal area, I'm expecting one more move up to test the key level of resistance at 87.400.

I hope you all have a great week!
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Now completed. Waiting for the right signal to join the short side :-)
looks legit, i was long on AUDJPY few weeks back, i thought it will reach 88.6, but now i exited, expecting to drop down for few days/weeks.
waiting for retracement
miss the chance shhhhh
Lovely, thanks for sharing. With that head and shoulders formation at the end, there are some chances it might not test resistance though.
LewisGlasgow andrei.stroia.94
@andrei.stroia.94, I've just sold NZD/JPY, we may not see a re-test but ideally for me to take the position I would like to see that happen first.

All the best if you take the trade!
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