BlueberryMarkets

AUDJPY 4HR HEAD AND SHOULDERS PATTERN: ANALYSIS

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY HAS RECENTLY ENTERED A KEY RESISTANCE LEVEL AND PRICE LOOKED TO HAVE REJECTED ON THE DAILY
CHART LEADING US TO SELL THIS MARKET. LOOKING AT THE 4HR SHART WE CAN SEE A POTENTIAL 4HR
HEAD AND SHOULDERS PATTERN FORMING. IF PRICE CAN PUSH THROUGH THE NECKLINE LOWS
AND CLOSE BELOW, WE CAN LOOK FOR FURTHER SHORT OPPORTUNITIES ON THIS PAIR.
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