AUDJPY is forming a lower high in a descending channel. I favour new shorts but stop distance is wide , so trade small..
More arguments support the decision :
1. Below Kumo
2. Below 200 MA
3. Below Tenkan sen line
More arguments support the decision :
1. Below Kumo
2. Below 200 MA
3. Below Tenkan sen line
Josep Pocalles
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor