jojofang0901

AUDJPY Double Tops, Look for Sell Setup

Short
jojofang0901 Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen

Hello everyone:

Looking at the price action on AJ for potential short opportunities.

From the previous impulse phase, price begin to form the channel correction, sideway movement.

Latest price did push the price up, but its where the previous swing highs was. We see a small LTF ascending channel to correct the price up.

Now we see a strong sharp bearish move down, so last confirmation for me is a LTF continuation correction to get in on a sell down to the lows.

Thank you

Comment:
Similar price action on NZDJPY

I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.