AUDJPY

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TF: 8 HR

I am looking for a possible short on the levels shown. I am overall becoming bearish on JPY, but AUD has been really tearing lately so I think a pullback is needed. Some divergence can be seen on the RSI that also helps confirm the idea. 600 pips might be to optimistic, but who knows.

Komen
I am really considering shorting right now. Obvious strong price action to the upside, but I think it might move down. All my NZD/AUD shorts this week have not played out...I am keeping an eye on this.
syot kilat
Komen
syot kilat
Price was rejected. I did not have a limit order, but if would of been a really solid entry. i am waiting to see if it keeps selling before entering, since its been so bullish
Komen
syot kilat
Looks like it may start to sell, we will see. The TP is very optimistic on this chart, but I do think a minimum of 100 pips can be taken if it sells over a few days.
Komen
syot kilat
Idea was stopped out! Had some some bullish pressure due to the stock market optimism surrounding the COVID situation.
audChart PatternsjpyTrend AnalysisWave Analysis

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