AUDJPY Short on downward break of Ascending Channel on H4
the AUDJPY uas been advancing in an ascending channel since January 9th, yesterday's close saw a marginal bearish break of the ascending channel. confirmation to the down side will expose Support Zone 76, followed by 73. Trade time anticipation 11 tol 15 days.
a close back in the channel will negate the bearish conviction and expose 78.7
a close back in the channel will negate the bearish conviction and expose 78.7
Trade active
78.31 to 78.34 acting as minor resistance.I'm still bearish, and will keep the position open until a daily close above 78.6
Trade closed: stop reached
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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.