15 min AUD JPY
15 min AUD JPY
Current bias is bullish
Overall bias is still bearish
Price is currently making a new HL with a bullish engulfing candle. Price may push up to retest 50% of the bearish engulfing candle or higher. However price may get stopped once it retest the bearish OB at 93.911 and returns bearish afterwards. I'd probably wait until I'm ready to short after it gets rejected from retesting 1 HR zones.
Current bias is bullish
Overall bias is still bearish
Price is currently making a new HL with a bullish engulfing candle. Price may push up to retest 50% of the bearish engulfing candle or higher. However price may get stopped once it retest the bearish OB at 93.911 and returns bearish afterwards. I'd probably wait until I'm ready to short after it gets rejected from retesting 1 HR zones.
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.