AudJpy is a pair to watch for during the coming week, because it is shaping up very nicely for a sell continuation that we can capitalize on.
So, I will be looking for a sell because of the following reasons:
1. Double Top
2. The price has come to the VA, formed a bearish pin bar on the daily
If the price forms a 15mins flag with two highs and lows. I will look for a risk sell entry within the flag at the flip zone or a reduced risk entry on the breakout of the flag.
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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.