Analysis of #AUDJPY
Here we have price made triple tops and failed to continue higher, and now that we have prices fallen back to the structure level support, would I be interested to buy?, no I would not, it would take a lot of momentum and a shift in the market to make prices rally back to the triple tops and break it.
I will monitor price action to see if we establish downtrend and look for an opportunity to get involved in a short trade or a break of the triple tops and look for a chance to get in a long trade
⚠ Please note the ideas is valid only if it happened as I said above
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**