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Butterfly

AUDJPY Bat or Butterfly?This is my personal simple analysis on AUDJPY. For Entry I would prefer to wait for confirmation on Price Action. 2 Possible Scenario: 1st: Break 4th R, I would likely to buy and Take Profit at 3rd R. Reason: Break Small Down Channel + Double Bottom + Completing Bearish Bat Pattern (extreme entry) 2nd: Going for 4th S and Break . I would likely to sell and Take Profit at Previous Daily Support Reason: Last Push ( Stop Hunt For Daily) + Completing Spring Wyckoff Distribution + Completing Bullish Butterfly Pattern
by alfatihfoodml