AUDJPY - LONGS ACTIVE ✅ sell side liquidity + weekly lows liquidity has been taken out. Expecting bullish price action from this area as we have to fill the bearish imbalances, the price also rejected a D1 bullish orderblock area + retail traders are short on this pair.
Retail herd positions average - 68% short positons = LONG SIGNAL ✅
What do you think ?...
My thoughts for this pair are similar to AUDUSD.
I believe there will be a deeper retracement.
I anticipate price to reject off of the key resistance.
I will wait before entering a buy.
