AUDJPY Bear Channel / Also Possible Wedge Bull Flag / H4
Price doesn't respect support areas in bear trends.
80% of trend reversal attempts fail and becomes flag/BO PB.
Here we have a potential for double bottom bull flag with December 22, 2021 major low.
Its also 3 pushes down ( Wedge ) so have a bull reversal potential again.
As long as we are in bear channel look for sell until a bear trendline get broken.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
80% of trend reversal attempts fail and becomes flag/BO PB.
Here we have a potential for double bottom bull flag with December 22, 2021 major low.
Its also 3 pushes down ( Wedge ) so have a bull reversal potential again.
As long as we are in bear channel look for sell until a bear trendline get broken.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...