AUDJPY Back to Top of structure, wait for reversal confirmation
Hello traders:
Still keeping an eye on AUDJPY, as price has moved up to the top of structure once again.
This time, the larger structure has evolved and create a potential double tops and smaller, lower time frame ascending channel within.
If price can reverse impulse out, follow by continuation, it can confirm more downside move from the overall move.
Thank you
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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.