trungle83

Short term correction for another bull trend continuation.

Short
trungle83 Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen

Short term correction for another bull trend continuation.
Price is currently testing at major resistance with strong RSI divergence on the Daily Chart with a potential Double Top forming.

For this week:
Short term Sell*
A potential counter-trend trade would be to take the trade on H4/H1 if there is a bear flag or a double top formation where the RSi shows Multiple divergence.

Will continue to monitor this through out the week.
Comment:

We are at a very interesting level as mentioned.
RSI Div level is spot on.. time to wait for confirmation.
Comment:
Comment:
Possible regular flat.
Invalid if breaks through. Will re-assess later
Trade closed: target reached:
TP hit. Out.

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