AUD/JPY is forming a defending triangle on the 4H looking to break down
It has touched the downwards trend line 3 times and is now looking to break the strong support level and start a strong bearish trend
The pair has already broke the upwards trend line and retested it before moving down
The pair already has confirmation the uptrend is over and the bears are taking over
Massive R/R on this trade
It has touched the downwards trend line 3 times and is now looking to break the strong support level and start a strong bearish trend
The pair has already broke the upwards trend line and retested it before moving down
The pair already has confirmation the uptrend is over and the bears are taking over
Massive R/R on this trade
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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.