AUDJPY: Sell Opportunity Based On Median Line Analysis

Although in an uptrend we have a nice sell opportunity in AUDJPY with price been rejected from the upper parallel of smaller median line (orange pitchfork) and breaking below the consolidation it was moving in. I expect price to come up to test once more the parallel, where i have already placed my sell order with sl and tp as shown at the chart.

Trade active

Trade closed: target reached:

We move stoploss at second position to breakeven for a free risk trade

Trade closed: target reached:

2nd target reached in the opening of the market :)