AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Still looking very bearish here on AJ although we did see a massive pullback to our 81.500 resistance level.
From here we’re looking for a strong reversal with bearish setups to enter short on. Look to enter short on lower highs below 80.400 as well.
Trade scenario 2: For us to consider AJ bullish we need to see a higher low above 81.500 with strong bullish setups to enter on.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Still looking very bearish here on AJ although we did see a massive pullback to our 81.500 resistance level.
From here we’re looking for a strong reversal with bearish setups to enter short on. Look to enter short on lower highs below 80.400 as well.
Trade scenario 2: For us to consider AJ bullish we need to see a higher low above 81.500 with strong bullish setups to enter on.
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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.