AUD/JPY Bearish View by ThinkingAntsOk
🔸 4H CHART EXPLANATION:
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🔸Price bounced at the Resistance Zone.
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🔸It has broken the Ascending Trendline.
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🔸Right now it is consolidating on a lower timeframe. We consider that if there is a breakout to the downside, then there is potential for a bearish impulse.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
.
.
🔸Price bounced at the Resistance Zone.
.
🔸It has broken the Ascending Trendline.
.
🔸Right now it is consolidating on a lower timeframe. We consider that if there is a breakout to the downside, then there is potential for a bearish impulse.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
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