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themikewwfx
Apr 4, 2016 1:10 AM

AUD/JPY - Bearish Engulfing Candle On Strong Trend Line Short

AUSTRALIAN DOLLAR / JAPANESE YENICE

Description

Strong Beairsh engulfing candle breaking past 4hr chart phase line on AUD/JPY. Add to that this happening on both strong resistance and long term bearish trend line, it's a match made in heaven.

- Bearish Engulfing Candle 4hr
- Rebound of long term bearish trendline
- On strong resistance at 86.500
- Lots of room for good RR
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