JD_TeenTrader

A big fall on AUDJPY - Selling at 92.20

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
There are many reasons to like this trade.

1) AUDJPY is overbought on H4. It showed a strong reaction at 92.25 and dropped.

2) It has made a double top on H4 with divergence.

3) There is a big pattern to sell.

4) There is a M15 sell pattern as well.

The move at a minimum should be aiming for 91.40 and then hopefully lower.

Good luck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.