Hello everyone,
Possible short on AUDJPY.
Here is why in my opinion:
1. Break of market structure (BMS)
2. After the BMS, AUDJPY distributes and now creates a possible supply zone.
Personnaly wait for him to break his low and a breakout of its trendline.
AUDJPY gives us several sell signals.
This is just an opinion, let me know what you think.
Thank You!