AUDJPY failed to break higher, look for bearish reversal

OANDA:AUDJPY   Australian Dollar / Japanese Yen

Hi everyone:

We have been seeing AUDJPY is in a bullish price action, pushing the price up.

Latest price has a fake break out of the previous HTF double tops, but quickly see a bearish reversal impulse down.

I would wait for a continuation, right shoulder to development and look for further downside.

Thank you

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Absolutely great job, nothing to say more ;)
+2 Reply
jojofang0901 StevesTradingV
@StevesTradingV thx 🙏
Very Nice Chart i really like it keep it up :)
+1 Reply
jojofang0901 Zaks_ForexSignals1
@Zaks_ForexSignals1 will do thx
+1 Reply
@BigLava 😀😀
i did a Buy trade at 83.708 yesterday. What to do now? Hold or book loss?
+1 Reply
jojofang0901 anoopmoviepass
@anoopmoviepass what is your trading plan and risk management before you enter this trade ? Should always have that in place before you take a trade so it won’t resulted in an emotional decision like now. That’s why honest feedback :) thx
anoopmoviepass jojofang0901
@jojofang0901, I can keep the trade active as long as i know it will recover. I never had a plan, I just trade to make a small amount one trade. So, i do not have any plan..
great technical setups today, well done!
+1 Reply
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