AUDJPY Mean Reversion Short
The AUDJPY has been in a consistant structural downtrend . Following last weeks strong bullish close , I am considering a scenario where price once again
reverts to the Mean ( 50 MAV) .
Looks for bearish signs around this level , to again enter a short trade towards the monthly S1 pivot.
reverts to the Mean ( 50 MAV) .
Looks for bearish signs around this level , to again enter a short trade towards the monthly S1 pivot.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.