AkashGaur
Short

audjpy bearish flag

FX:AUDJPY   Australian Dollar/Japanese Yen
36 0 4
Hello traders, have a potential trade on this pair. As we can observe fib completion from the previous price action, we can see price making a 382 retracement of the ab=cd pattern. Furthermmore wwe             can see that price made a bearish flag sort of a structure after retracing from the 382 retracement . I believe that the price will go further down and one can either at the structure close to the upper trend line of the flag or to be on the safer side one can enter on the breakout of the flag. The flag will take the price further down to the next structure level on the downside which would also complete a 618 retracement of the previous stated ab=cd . SL would be manual since we can say which direction the market does open in a couple of hours
cheers
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out