AUDJPY-bias short
Bearish indications:
Bearish flag break out.
Made a new low.
support has broken and currently at retracement lower high.
AB=CD indicates fall until 96.723
Bearish engulfer candle in day time frame.
Bullish indications:
Day time frame trend line support is ahead.
Trade plan bias short @ 97.202
SL:97.436
TP1:96.946
TP2:96.723
Bearish flag break out.
Made a new low.
support has broken and currently at retracement lower high.
AB=CD indicates fall until 96.723
Bearish engulfer candle in day time frame.
Bullish indications:
Day time frame trend line support is ahead.
Trade plan bias short @ 97.202
SL:97.436
TP1:96.946
TP2:96.723
Note
TP1 HIT
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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.