AUDJPY pullback for sell

24 Jan

Uptrend seems to be weakening, waiting for a pullback to 50% of last rally down to enter a sell here to take profit at lower support zone. I base these trade plans on H4 overall trend and wait for the break and retest on H1. While this trade idea is not 'with the trend' there is a lot of noise recently at this resistance zone which leads to consider sell opportunity at this level.