AUDJPY UPDATE AND NEW IDEA.

Hello Traders

Here is new idea and updated setup on AUDJPY.

Weekly Time Frame
1. Quasimodo Reversal Pattern
2. QML aligning perfect with 0.786% Fib Level
3. New Low
4. Price break through above previous low turned resistance.

Daily Time Frame
1. A good long wick rejecting support
2. Bullish engulfing breaking the DTL confirm Weekly long bias
3. Bullish Momentum Candle

I look to buy on H4 only if price meet my entry rules.