tradafx

Wait for confirmation signal and sell opportunity with AUDJPY

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
H4 time frame.
Structure: Downtrend.
A divergence signal and a double top reversal pattern appeared.
Wait for the falling price to break the Key Level at 80,500 and have a confirmation retest signal, then look for selling opportunities.
The profit target is the price zone 78,800 and 77,000.
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