AUDJPY Sell Idea
D1 - Price bouncing from the top of the range.
H4 - Bearish convergence, we may now look for a correction and then sells.
Also special cycle completed, we may expect the price to reach 38.2 retrace. As long as the high at 89.062 is holding we can look for a correction and then sells.
H1 - Price has entered a good support zone where the triple cycle might complete itself. Bullish divergence formed. We may now look for a correction and then sells.
H4 - Bearish convergence, we may now look for a correction and then sells.
Also special cycle completed, we may expect the price to reach 38.2 retrace. As long as the high at 89.062 is holding we can look for a correction and then sells.
H1 - Price has entered a good support zone where the triple cycle might complete itself. Bullish divergence formed. We may now look for a correction and then sells.
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