AUDJPY - DAILY - Bearish Outlook - 2 Potential areas
AUDJPY - DAILY - Bearish Outlook 2 Potential areas
BAT coming in on resistance 5 - 618 of previous swing
Looks like we may see Divergence meeting expected area of 88.5 - 89.0
If we break on through next stop will be looking at the Crab meeting the 786 retrace swing
A perfect setup here would be a retest of the RSI 70 + meeting pattern completion
Check lower TF for entries.
BAT coming in on resistance 5 - 618 of previous swing
Looks like we may see Divergence meeting expected area of 88.5 - 89.0
If we break on through next stop will be looking at the Crab meeting the 786 retrace swing
A perfect setup here would be a retest of the RSI 70 + meeting pattern completion
Check lower TF for entries.
Note
Seen a reaction of AB=CD and I know people have traded this.I still think we will see another push up from here and retest RSI overbought on the DAILY in confluence with pattern completion
Thats the plan, no deviation., lets see what happens
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.