AUDJPY is in a smaller corrective structure right now and I am expecting another fall soon before we enter into a deeper weekly correction which would probably be due very soon so this maybe another good entry point to short the pair.
Looks corrective structure is extended and we didn't get a break to the downside so no trade for this setup.
didn't trade this one because price went up from the point earlier anticipated, now we got the break to the downside once again.
Thanks marcus for your support, actually I am not new to these kinds of reaction even though have not yet got in trading view, if 2 people happen to study the chart same way and if they are both right about a particular chart it will almost look same I agree 100%, but that doesn't mean to me least bit that I am ripping off from somebody else's work and I will not refrain from posting my view just because someone else posted a similar one earlier than me, I am not here for a race or challenge or clone. If i see fit I will post whatever I want and viewers will be the judges.