Short

AUD / JPY STILL DO NOT MISS THE CHANCE !!!

Updated

https://www.tradingview.com/x/tGKW8xIz/

CONTEXT

If you have previously seen my analysis on AUD / JPY I have explained about the potential of bearish momentum on this pair ( if you haven't seen it please see my previous published analysis , will make you much clear to understand this potential oncoming trade opportunity ).

This pair as I have explained on my previous analysis has followed head and shoulder pattern and has been heavily bearish as expected . As such it is very simple for a trader to look and trade on opportunity that presents a bearish character on smaller TF and just simply trade with correct parameters. i.e. risk management and time of entries etc.

This pair I believe has the characteristics of providing us those opportunity as seen on the chart.

TRADE IDEA

As seen on the chart when we know the bigger TF and swing structure of the pair is bearish supported by other factors i.e. chart patterns , we are now looking on this pair to see the break of 4hr fractal candle wick and potentially enter on 1hr TF or 15 min TF , most preferably in NY session. chances might arrive on London session but I would personally see it through NY session to take this trade coming week.

Pair will be posted as we go through week and see how the pair reacts and what opportunity it gives us.

NOTE Do look on my analysis on this pair which I have published earlier this month. ( November 2024 )

ENTRY IDEA

https://www.tradingview.com/x/WmlfIUyB/

What I am looking on smaller TF on coming week for entry .

Note

Trade closed: target reached

PLAYED beautifully , congrats if you caught it.

rubinGrg

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