Uptrend 'oficially' broken on stop sell level (that's our entry). Monthly had a nice bearish 10/20 EMA cross on top of that. We had some nice selling volume on the break of that trendline. 1st target for a partial take profit, after that stay in the short for the possible rest of the downtrend.
Very nice setup for a stop sell short on AUDJPY. On confirmation of this trade a downtrend is confirmed and more short opportunities will follow. This is a H1 chart, this allows us to enter early on in the new trend.
Entry @ bottom horizontal if we manage to get there first. Else entry once price closes above top horizontal.
Daily long setup on CBK with higher timeframe confluence. Stop buy for entry.