AUDJPY SHORT POTENTIAL H&S
MACD divergence, potential Head and Shoulders pattern. Waiting for a break and a retest of the red vertical line beacause if it breaks the line, it makes a Lower Low. Thight stop.
TP: 61.8 fib, also support and resistance. TP makes about 62 pips.
TP: 61.8 fib, also support and resistance. TP makes about 62 pips.
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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.