jojofang0901

AUDJPY Follow The Bearish Reversal Momentum

Corto
jojofang0901 Actualizado   
OANDA:AUDJPY   Dólar australiano/Yen japonés

Hello everyone:

Last JPY pair on my watch is AUDJPY which is also showing signs of bearish reversal development.

After the price has hit the higher time frame highs, no bullish continuations.
Instead, price reverse down with bearish price action on the lower time frames.

Lower low, lower high to push the price down, and finally a strong impulse phase to confirm the downside momentum

Now that price has broke out of the expanding structure and consolidating,
best to look for further sell entry down the the next low to continue the bearish trend.

Thank you
Comentarios:
HTF:
Comentarios:
Price is pushing down now:
Comentarios:
Price is impulsing down, watch for further correction for more downside next week:
Comentarios:
Price hits the previous swing lows
no further bearish downside
instead bullish reversal up move
signaling an end of the bearish trend

Comentarios:
wait for price to form
consolidation here
to confirm the downside move

I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.