Hi there! it's my analysis of AUDJPY!
it seems that the correction wave hasn't been completed yet and we've just completed the wave B of a Flat correction,
A pinbar at 78-88% Fibo ret wave A, being in the overbought area of RSI, might be good points for waiting to enter a sell position at the right moment!
Hope it helps!
it seems that the correction wave hasn't been completed yet and we've just completed the wave B of a Flat correction,
A pinbar at 78-88% Fibo ret wave A, being in the overbought area of RSI, might be good points for waiting to enter a sell position at the right moment!
Hope it helps!