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AUDJPY Double Tops, Look for Sell Setup
Australian Dollar / Japanese Yen
Short
AUDJPY Double Tops, Look for Sell Setup
By jojofang0901
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Updated
May 10, 2021
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May 10, 2021
Hello everyone:
Looking at the price action on AJ for potential short opportunities.
From the previous impulse phase, price begin to form the channel correction, sideway movement.
Latest price did push the price up, but its where the previous swing highs was. We see a small LTF ascending channel to correct the price up.
Now we see a strong sharp bearish move down, so last confirmation for me is a LTF continuation correction to get in on a sell down to the lows.
Thank you
May 10, 2021
Comment
Similar price action on NZDJPY
Chart Patterns
correction
Flag
impulse
Parallel Channel
pattern
priceaction
structure
Wedge
jojofang0901
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