AUD/JPY BEARISH GARTLEY PLUS DOUBLE TOP OFF 0.382 RETRACE

POTENTIAL COMPLETION OF XABCD PATTERN ON AUD/JPY, WITH THE COMPLETION LEG FINISHING ON THE 0.382 RETRACE OF LONG TERM SWING HIGH/SWING LOW.

A BEARISH REVERSAL CANDLE ON 30M TIME FRAME MAY ADD TO FURTHER CONFIRMATION OF SHORT TERM SELLING, WITH THE 91.30 HANDLE ACTING AS STRONG STRUCTURE RESISTANCE.

DAILY SUPPORT ACTS AS A NICE POTENTIAL PROFIT TAKING AREA, SHORT TERM SELLING CANNOT BE RULED OUT - RSI PIERCING THE OVERBOUGHT MEDIAN LINE ADDS FURTHER CONFIRMATION.
audAUDJPYaudjpyshortBearish GartleyfibextensionsFibonacci RetracementForexGartleyintradayjpyMoving Average Convergence / Divergence (MACD)Momentum Indicator (MOM)Moving AveragesParallel ChannelRelative Strength Index (RSI)resisitancesupportSupport and Resistancexabcd

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