AUDJPY is in a mid term down trend.
And added to that,1H chart shows a bearish rising wedge, leading to the falling wedge resistance of daily chart. It's a perfect short entry with high risk to reward ratio.
https://www.tradingview.com/x/GLhKQbFU/
And added to that,1H chart shows a bearish rising wedge, leading to the falling wedge resistance of daily chart. It's a perfect short entry with high risk to reward ratio.
https://www.tradingview.com/x/GLhKQbFU/
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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.
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.