on DAILY: AUDJPY is sitting around strong resistance in blue so we will be looking for sell setups on lower timeframes.
on H1: AUDJPY is forming a channel pattern in brown so we will be waiting for a new swing low to form around our lower trendline to consider it our trigger swing.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall and can still dive inside the blue zone.
Telegram Free Channel for Alerts: