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jojofang0901
Jun 13, 2022 11:18 PM

AUDJPY Can Price Action Repeat Itself ?  Short

AUD/JPYOANDA

Description



Hi everyone:

Here on AUDJPY, there is good potential development that can lead to another selling opportunities.

We can see from previous price action, after price has a confirmed bearish impulse down, once correction completes, lead to another bearish move.

The current price action is even better as we have now created a double tops, reversal bearish impulse move down.

Same 2 scenario to wait for,
either price will formed smaller corrections on the lower time frame and continue the drop
or
a bigger, sizable correction will form just like the past, and once completed, will have another a stronger bearish move down,

Thank you
Comments
VasilyTrader
I have similar expectations here bro!
jojofang0901
@VasilyTrader, good to know thx
gukatrading
Good job, i hope it will go down
jojofang0901
@gukatrading let’s see if corrections from
RLinda
I like it. THanks)
jojofang0901
@RLinda thanks
Lingrid
Great chart! Thank you for posting!
jojofang0901
@Lingrid, your welcome
SpartaBTC
At the moment we are under the resistance of 96. Let's see how things will develop further.
KlejdiCuni
it was perfect:)
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