AUDJPY Short

Bearish Bat has completed on the 1d with a T-bar and test of all harmonic numbers. X point is a bearish engulfing candle pattern to add confirmation to this strong resistance level. On the 4h chart a small AB=CD pattern, and a larger Alternate 3.14AB=CD have converged in this same area. On the four hour chart a shooting star has just completed as well. Stop can be set just above the high of the X point, and we can enter now. Or trade it intra-day on the smaller time frames selling the pullbacks. Huge potential here, with little risk.