AUDJPY SELL SETUP

AUDJPY has a nice sell setup, as the 1 hr chart formed a bearish flag and broke down. Now it has pullback, and formed a lower high, good to go short down to 87.00, the next key support/resistance area for this pair.

As the daily chart is over extended, I do expect this pullback to happen into the next week.

Thank you for your support.

Kommentar:

AUDJPY has a nice sell setup, as the 1 hr chart formed a bearish flag and broke down. Now it has pullback, and formed a lower high, good to go short down to 87.00, the next key support/resistance area for this pair.

As the daily chart is over extended, I do expect this pullback to happen into the next week.

Thank you for your support.

Kommentar:

Here is the daily chart:

Trade geschlossen: Ziel wurde erreicht:

First TP hit, 2.5% profit.