We see the formation and completion of this AB=CD harmonic pattern on the 4 hr chart. Price action has found major support at the completion of this pattern. This AB=CD pattern is a bullish pattern and signaled us to take a long position with a fixed stop at the red zone. We have also set our targets at the green zones. 
AUDJPY
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.