short on AUD/JPY
a potential double top forming on the weekly chart.
A bearish engulfing candle which formed last week could be the start of the pullback.
A sell trade on a break below this candle could easily move down to the 82.00 area.
From there if no major support forms a further break down to the 80.50 pivot zone
could be possible.
A bearish engulfing candle which formed last week could be the start of the pullback.
A sell trade on a break below this candle could easily move down to the 82.00 area.
From there if no major support forms a further break down to the 80.50 pivot zone
could be possible.
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.
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.