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jojofang0901
Jul 4, 2017 3:38 PM

AUDJPY SHORT THE PULLBACK Short

AUSTRALIAN DOLLAR / JAPANESE YENICE

Description

Hi everyone:

Another quick opportunity on AUDJPY SHORT, as the daily chart is hitting resistance, and 1 hr chart broke down support. Now we are seeing a nice pullback, forming a bearish flag pattern. We can potentially target a daily pullback to 38.20%.

Thank you for your support and feedback.

Comment

Here is the daily chart:

Comment

Enter short again after price rejected the resistance around 86.50 to form the Head and shoulder Pattern

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