FX:AUDJPY Australian Dollar/Japanese Yen
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.
Comment: Looks corrective structure is extended and we didn't get a break to the downside so no trade for this setup.
Comment: 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.