AUD/JPY Dropping +50 pipsReasons and FACTS:
1HR Parabolic SAR indicates a bearish reversal
Fake out on trend line indicated strong sell power
ATR is showing a possible rise in Volume and Volatility because we are at very low Volatility right now and at this level Volatility has shown to rise every time.
AU and UJ showing many bear signs and I'm short on both so it would be logical for AJ to drop as well because Aussie is looking weak and JPY is looking strong.
Enter at own risk
