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HayatoDragonFX

AUDJPY, 8hr tf, double top possibility and triangle pattern

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
HayatoDragonFX  
FX:AUDJPY   Australian Dollar / Japanese Yen
Chart Patterns Trend Analysis AUDJPY audjpyshort Double Top doubletoppattern doubletopreversal audjpysell audjpyanalysis audjpyidea
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chartpattern trendanalysis audjpy audjpyshort doubletop doubletoppattern doubletopreversal audjpysell audjpyanalysis audjpyidea
There is a possibility AUDJPY forming a double top on the daily chart. Price also broken below the ascending trend line which has supported AUDJPY for 4 months.

Taking a deeper look into 8hr chart there is a possiblity of triangle pattern also forming. Price already broken below the support and currently we are on the retest process of broken support.

Sell AUDJPY 75.20-25
Stop loss 75.65
Take profit 1 @74.30
Take profit 2 @73.40
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