AUDJPY — Bat Pattern

Price has come back down after hitting the resistance zone and formed a new Lower Low and a Lower High.
Would this be the end of the AUDJPY bullish trend or it is just a retracement and rally higher?
What do you guys think?

Kommentar:

Price finally hit TP1 after a roller coaster ride of 2 deep V. Definitely testing my patient.
Now, the price is entering the Sell Zone with a Bat Pattern forming up slightly before my TP2. I will keep observing the price action to decide when to close my 2nd entry for TP2.

Trade wurde manuell geschlossen:

Manually closed TP2