Dana16

Is it time to short?!

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
At the moment, the price is testing two important zones: the horizontal resistance and the channel resistance.

If the resistance level is respected and the next candlestick turns bearish , I believe that we might have the same market behavior as on Jan 8th and Jan 14th.

If you have a different view, please share, I would love to hear your analysis.

Comments

Keep up the amazing work Dana!
+1 Reply
Dana16 TheSignalyst
@TheSignalyst thank you Rich for the encouraging comment!
Reply
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