Rectangle Pattern - AUDJPY (4Hrs)
Hello Traders,
I hope everyone had a profitable week.
Here is something for the next week..
AUDJPY is in consolidation zone in a rectangle channel since last few days. It seems like price is resisting and will make downward move to retest the support area. Latest Engulfing Candle on resistance level and an overbought RSI indicate short entry.
I hope everyone had a profitable week.
Here is something for the next week..
AUDJPY is in consolidation zone in a rectangle channel since last few days. It seems like price is resisting and will make downward move to retest the support area. Latest Engulfing Candle on resistance level and an overbought RSI indicate short entry.
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