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jojofang0901

AUDJPY Look for continuations sell setups

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Australiensisk dollar/Japansk yen (OANDA:AUDJPY)  
jojofang0901 Uppdaterad   
OANDA:AUDJPY   Australiensisk dollar/Japansk yen
Chart Patterns Parallel Channel Flag priceaction structure pattern Wedge
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chartpattern parallelchannel flagpattern priceaction structure pattern wedgepattern

Hi traders:

AUDJPY is resuming its bearish momentum and there is good opportunity to capture some of its bearish run.

We see the price from the HTF has been dropping after it broke out of the ascending channel structure.

Price then form this larger, deeper correction before continue to the downside.

Latest price action has form a smaller flat channel, and price broke out.

Good to look for LTF corrections to get in the sell to the previous lows.

thank you
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