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Profound_Ambition

AUDJPY 4H

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
Profound_Ambition Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Support and Resistance Supply and Demand Wedge AUDJPY aussiedollar japaneseyen Supply Zone breakout retest Forex
3
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supportandresistance supplyanddemand wedgepattern audjpy aussiedollar japaneseyen supplyzone breakout retest forex
Price seems to have broke out of its weekly uptrend line during the close of the market. More downside potential to come, I will see how price comes out when the market opens if there will be a potential pullback or not. Price is currently above support, & more confirmation is needed, but overall it looks like more bearish direction is to come..

Trade with care!
Comment:
Daily outlook:
snapshot
Comment:
Keep in mind price could have potentially made a false break, & could come back within its uptrend line
Comment:
snapshot
Waiting for a pullback (lower low) so another lower low can form next
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