AUDJPY bearish imbalance Short

Australian Dollar/Japanese YenFXCM

Description

⋅ Nov 12, 2020 6:59 AM

Price has already tapped the monthly high twice and has been unable to break through. I expect this to continue to fall to fill the imbalance at the very least before coming back up to retest monthly zone.

Chart Patterns

Comments

forexboat

⋅ Nov 12, 2020 5:06 PM

Nice analysis. We have a similar outlook:

Ibukunoluwa-O

⋅ Nov 12, 2020 2:55 PM

Completely agree with your idea.Nice analysis 👍

hbryan0316

⋅ Nov 13, 2020 10:47 AM

@Ibukunoluwa-O, thanks bro, great minds think alike