Previous analysis show AJ daily bearish inside bar for downside. After the drop at the 4h bearish inside bar entry, audjpy find support below and has strongly reverse back up. This tell us this is a possibility AJ could be forming a inverted head and shoulder pattern for upside.
Thanks for sharing, I agree with your idea and am bullish on AUDJPY as well. I have identified a support level that coincides with the 38.2% fibonacci retracement level.
Glad that we have the same bias on AUDJPY
Glad that we have the same bias on AUDJPY