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VladimirRibakov

AUDJPY Sell Idea

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
VladimirRibakov  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis AUDJPY range SELL Bearish Patterns breakout
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trendanalysis audjpy range sell bearish breakout
H4 - Price has reached the top of the range.

If we didn’t get a valid breakout here we may then expect the price to respect this top again and move lower.

We may now look for evidences of bearish pressure in order to join the bears.

Invalidation: If the price moves higher and breaks above the top of this range with momentum then this sell setup will be invalidated.
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