AUDJPY Another Sell Opportunities, Wait for confirmation

17 февр. 2022 г.

Hi everyone:

AUDJPY is also showing good signs of bearish price action.

After the initial bearish impulse on the higher time frame,
price has developed into a larger structure with a few swing highs and lows.

We then see a double tops , price reject and a bearish impulse reversal.

Latest development show a continuation correction after the impulse down, good signs of bearish momentum

Look for lower time frame to break down from the correction, and wait for continuation price action to confirm further downside.

Thank you

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