ShipsyCapital

About turn, supply back - 13 Oct '21.

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Per Chart.
Supply block >83.50.
Order block (buying curve) finished(?).
Regular RSI divergence (to put it to bed without hesitation).
RSI pointing south.
4H close confirming.
Break below 83 for home.
TP1 - 81.30
TP2 - 80.
SL - 84.50
DYOR. 🌊
Comment:
Completion of previous cup and handle pattern target from throughout whole of September. Cup and handle target = depth of cup extended - look at September 👀☕ we are at this target price level now. Plan above still holds.

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.