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Australian Dollar / Japanese Yen
Short

AUDJPY ENTRY SHORT

By LordGareth
Updated
We are entering in on a short trade after the confluence of the ascending channel with the weekly trendline. We have opened a sell position in the bearish flag and target the bottom of the ascending channel with stops just above the bearish flag
Note
Not enough momentum to push to the downside, it appears to be making a potential double top. We will keep a close eye to this one
signalsproviderSupply and DemandTrend AnalysisTrend Lines
LordGareth

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