TradingView
jojofang0901
Feb 26, 2021 5:39 AM

AUDJPY failed to break higher, look for bearish reversal Short

OANDA:AUDJPY240
AUD/JPYOANDA

Description

⋅

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

Comment

⋅
Chart PatternsFlagParallel ChannelpriceactionstructurepatternimpulsecorrectionWedge
Comments
StevesTradingV
⋅
Absolutely great job, nothing to say more ;)
jojofang0901
⋅
@StevesTradingV thx 🙏
Zaks_ForexRules
⋅
Very Nice Chart i really like it keep it up :)
jojofang0901
⋅
@Zaks_ForexSignals1 will do thx
BigLava
⋅
🙏🙏
jojofang0901
⋅
@BigLava 😀😀
anoopmoviepass
⋅
i did a Buy trade at 83.708 yesterday. What to do now? Hold or book loss?
jojofang0901
⋅
@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, 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..
abel11
⋅
great technical setups today, well done!
More