Necklinetrader
AUDJPY PressureWe can see in the weekly timeframe, price wasn't able to break the resistance and rejected several times until last week still unable to break the resistance.
Weekly candle also forms pinbar. For entry with candle formation like this we can wait for the price to retrace up to 50 percent which is structure resistant on smaller timeframe.
prepare a sell entry when price come to that level with a stop loss above the previous high / weekly candle
AUDJPY Short on PullbackPrice Complete 2 harmonic patterns on fibo cluster. rejected at 88.6 and 1.618 ext and created pinbar.
After double top, price break neckline. we can expect some pullback to the neckline or 61.8 level to complete 2618 trade setup.
pullback to those areas, I consider to take a short position.