FX:AUDJPY As you can see AUDJPY has forming Higher high and breaking Break of structure (BOS) and we can expect some fall up to drawn trend line (support) later it will go up and forms the new (BOS) in this scenario Plan for buying side after the pullback. Plan your trade accordingly....
This is for short term. Before entering the trade do your own research!
Potential down move on AUD/JPY 📉 Things to consider: 1. Triangular Formation 2. MACD and price downward momentum 3. COT data shows AUD is being short and JPY is also being short so overall strong down movement upcoming How to enter: 1. Entry after the weekly resistance is broken 2. Entry should be on 4hr timeframe for better R:R 3. Enter when storng down momentum starts