AUDJPY has a nice sell setup, as the 1 hr chart formed a bearish flag and broke down. Now it has pullback, and formed a lower high, good to go short down to 87.00, the next key support/resistance area for this pair.
As the daily chart is over extended, I do expect this pullback to happen into the next week.
Thank you for your support.
As the daily chart is over extended, I do expect this pullback to happen into the next week.
Thank you for your support.
Comment:
Here is the daily chart:
Trade closed: target reached:
First TP hit, 2.5% profit.
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As the daily chart is over extended, I do expect this pullback to happen into the next week.
Thank you for your support.