Identify the trendline, in this case, we have 4 touches ( shown in green bubble) and we think the price could have a 5th touch with the trendline ( shown in the blue bubble). Price is approaching our trendline again where we can look for opportunities to sell, as shown in the bearish arrow.
audAUDJPYChart PatternsHarmonic PatternsjpyTrend Analysis

Disclaimer