AUDJPY SELL
Hi Traders,
As per the Daily Chart, we can see that AUDJPY is trading withing a daily descending trendline.
As per the 4 Hour Chart, we initially saw a break of the ascending trendline, a retest and then an impulse to the downside. The pair has now retraced to our Fibonacci levels, RSI indicates the pair is overbought and the pair continues to trade within the descending channel.
We are expecting a big impulse to the downside.
Happy trading :)
https://www.tradingview.com/chart/PLHAKhWL/
As per the Daily Chart, we can see that AUDJPY is trading withing a daily descending trendline.
As per the 4 Hour Chart, we initially saw a break of the ascending trendline, a retest and then an impulse to the downside. The pair has now retraced to our Fibonacci levels, RSI indicates the pair is overbought and the pair continues to trade within the descending channel.
We are expecting a big impulse to the downside.
Happy trading :)
https://www.tradingview.com/chart/PLHAKhWL/
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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.
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.