AUDJPY Reversal Price Action for Sell
Hello traders:
Similar like NZDJPY, I see AJ here has good bearish price action for the reversal.
Looking at how the price has developed, we see a larger double tops, "M" structure.
The latest price shows as ascending structure correcting the price up, and formed another mini double tops, M structure as well.
Recall multi0time frame analysis is key in trading, when you have HTF and LTF line up, it gives you higher probabilities setup.
To confirm the downside move, I would wait for a clear breakout form the channel, and look for continuation correction to sell.
Thank you
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.