OANDA:AUDJPY   Australian Dollar / Japanese Yen
Hello everyone 👋 today I bring to you AUDJPY .

My analysis is based on structure and Chart patterns .

•From a HTF view we have reached a high giving us a double top formation and we did get a push down

•From a LTF view we had a flag/continuation pattern, following the next impulse phase.

Overall what I would like to see happen is price form another continuation correction,it could be a more deep / larger correction (or not) and there after the next impulse phase down.

If price does not form a continuation pattern I will not be looking to enter the trade but rather wait for development .

Thank you .

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