SELL AUDJPY (Bearish Divergence)

By leisuretrader
Updated
Good Day Traders! πŸ‘‹πŸ‘‹

πŸ”΅ The pair is now testing a Major Resistance Zone. The next hourly candle could determine the possible movement of the pair.

πŸ”΅ Our bias is SHORT since there is a Bearish Divergence on RSI.

πŸ”΅ A Rejection Candle can confirm our bias and possible formation of Triple Top pattern

πŸ”΅ MACD is neutral

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Good Day Traders!

The pair broke out from the Bullish Flag pattern on intraday chart with a strong solid candle and big volume hence we can initiate a LONG position with TP on the Key Supply Zone

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Trade closed: stop reached
Break of Resistance. Switch bias to LONG
Chart PatternsTechnical IndicatorsTrend Analysis

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