CHRISTMAS MIRCALE AUDJPY Swing SELLHello guys
I'm planning to hold my sell till this Christmas eve.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Audjpyanalysis
AUDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDJPY H4 AnalysisPrice has been bullish for the last 6 six days and broke through a supply zone and found rejection around 84.40.
If price falls below Daily Supply zone there could a lot of sellers coming in the market to push price down.
Still bullish on rsi . Need to get a strong bearish candle printed to confirm trend change. Aussie has been very bullish on this pair .
will see if price can reach up to 84.40 again for a retest. I'm overall looking to go short when the moment presents itself on H4.
Stronger bears | AUDJPYFX:AUDJPY
As it can be inferred from the chart, we see SM had just grabbed liquidity this factor was in for of EQHs(BSL) once that happened we saw the accumulation phase, then SM manipulated price at the new BSL once this was done, we got the turtle soup, stop hunt. Presently, we expect the price to return to OB and give more bears.