AUDJPY: Trading Plan For Today 🇦🇺🇯🇵

13 окт. 2022 г.

AUDJPY is coiling around a key resistance.
The price formed a head and shoulders pattern on 1H time frame.

To short with a confirmation, wait for 1H candle close below 92.0 level - its horizontal neckline and a minor rising trend line.
Then a bearish continuation will be expected to 91.55

If the price sets a new high, the setup will be invalid.

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