AUDJPY Sell Idea
D1 - Price is at the top of the range. Special cycle completed. Bearish divergence formed.
H4 - Bearish divergence followed by bearish convergence, we may now expect pullbacks and then we can look for sells.
Target: Based on the special cycle we may expect the price to move lower until it reaches the zone of 38.2 fibo – 50 fibo retrace.
H4 - Bearish divergence followed by bearish convergence, we may now expect pullbacks and then we can look for sells.
Target: Based on the special cycle we may expect the price to move lower until it reaches the zone of 38.2 fibo – 50 fibo retrace.
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