17-08-2022 _ Short Term Bearish Idea _ AUDJPY H4
H4
1- Price Action has rebound from the Top of the Channel.
2- Bearish Divergence
3- Trendline Breakout.
4- Convergence
This suggests a typical case of Consolidation / Pullback
and further continuation to the down side.
H1
1- Hidden Bearish Divergence.
Pullback seems to have happened and the price
has started to move down.
Target @ 91.833
Stoploss @ 94.61
1- Price Action has rebound from the Top of the Channel.
2- Bearish Divergence
3- Trendline Breakout.
4- Convergence
This suggests a typical case of Consolidation / Pullback
and further continuation to the down side.
H1
1- Hidden Bearish Divergence.
Pullback seems to have happened and the price
has started to move down.
Target @ 91.833
Stoploss @ 94.61
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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.