AUDJPY daily
price respected monthly resistance by created a double top
scenario 1- wait for price to reach 87.300, that key level going to act as the neckline of the double top, if price respects it don't hesitate going long
scenario 2- if price breaks 87.300 and closes above then wait for a retest of structure before going short
scenario 1- wait for price to reach 87.300, that key level going to act as the neckline of the double top, if price respects it don't hesitate going long
scenario 2- if price breaks 87.300 and closes above then wait for a retest of structure before going short
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.