Possible short opportunity on AUDJPY.
Descending channel making lower lows and lower highs.
A break in the in-channel trend line will call for a shorting opportunity from the 79.95 level down to the 79.15 level.
confirmation of the break will be strong bearish closed 4H candles as well as signals from the MACD and RVI.
Descending channel making lower lows and lower highs.
A break in the in-channel trend line will call for a shorting opportunity from the 79.95 level down to the 79.15 level.
confirmation of the break will be strong bearish closed 4H candles as well as signals from the MACD and RVI.