AUD/JPY (4H) is showing a strong double top pattern at the resistance zone (96.9 – 97.1), followed by a break of structure (BOS) and rejection from the supply area.
Price has also filled the fair value gap and is showing signs of weakness with a potential downside target near 94.80.
If the bearish momentum continues, we could see further decline toward support at 94.00 – 94.20.
Key confluences:
Double top formation
BOS confirmation
Supply zone rejection
MACD bearish momentum
📌 Trade Idea: Watch for a pullback to the 96.4 – 96.6 zone for possible short entries. Targets: 94.80, then 94.00.
💡 Always manage risk properly and follow your trading plan.
Price has also filled the fair value gap and is showing signs of weakness with a potential downside target near 94.80.
If the bearish momentum continues, we could see further decline toward support at 94.00 – 94.20.
Key confluences:
Double top formation
BOS confirmation
Supply zone rejection
MACD bearish momentum
📌 Trade Idea: Watch for a pullback to the 96.4 – 96.6 zone for possible short entries. Targets: 94.80, then 94.00.
💡 Always manage risk properly and follow your trading plan.
Trade active
Trade has been activate " Risk mange has properly
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$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
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t.me/profitmagnetpro12
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.