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Australian Dollar / Japanese Yen
Short
Jul 29, 2020
AUDJPY - Trade Plan
5
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Daily
✅ Price made a double top at a weekly supply zone and sold off impulsively
✅ Daily Trend is up, swing is down...
4HR
✅ Trend is down
✅ Price is consolidating and making a bear flag pattern at a daily supply zone...
1HR (Trade Plan)
✅ Wait for break out of bear flag /horizontal support (daily close will confirm reversal of primary trend).
✅ Enter on close below or retest
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Multiple Time Frame Analysis
Supply and Demand
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