AUDJPY Possible Selloff (Daily TF)

Good morning traders, possible selloff on AJ on the daily. Liquidity has been taken from the upside, now we must be vigilant on how the daily candle closes and if any formations come with the move down. Possible double bottoms or wedge formation. This trade is only taken on the daily. FVG was filled yesterday.

- AXY has been on a bearish trend for a while, "yes, AUD has been trending bullish against all other pairs rather sharply, but it's time for a selloff.

Hope this helps someone out there, do your own personal analysis, thought I share with yah, remember, HAPPY TRADING !!!

Trade ist aktiv:

Good morning everyone, Trade is still active. As expected, market took retail traders out but taking all those SL at liquidity level and dropping. Looking at it on the different time frames, expect a pullback on the 1hr to 4 hr. There is an OB VOID on the 4hr timeframe as well, where I would like to see it get filled prior to downtrend continuation. Happy Trading everyone.

Trade wurde manuell geschlossen:

Closed trades with profits since we may see another push up due to an unmitigated zone on the daily timeframe. Looking for another move to the upside to than sell. Will share new trading idea on AUDJPY.

HAPPY TRADING !!!