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ThinkingAntsOk

AUD/JPY Corrective Move Finished by ThinkingAntsOk

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
ThinkingAntsOk  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis aud jpy AUDJPY short analysis topdown USD BTC Bitcoin (Cryptocurrency)
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trendanalysis supportandresistance mtfa aud jpy audjpy short analysis topdown usd btc bitcoin
🔸 DAILY CHART EXPLANATION:
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🔸 Price made a Strong Downside Move since the beggining of the year, which has been corrected for the last weeks.
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🔸 Now, it is facing the confluence zone between the Descending Trendline and the Resistance Zone.
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🔸 We consider there is Bearish Potential from here.
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🔸 Will look for a lower timeframe bearish setup.

🔸4H CHART ANALYSIS:

snapshot

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