AUDJPY is looking ripe for some downside. Price has reached the top of a multi-year channel and is showing signs of rejection. Last week an evening star formed followed by a brief sell off, but bulls managed to jump back in hoping for a continuation. To be honest, the evening star signal was a little bit too early anyway.
Today's pinbar looks justs about right and is also rejecting the upper bollinger band. I think price should hit 78.50, where bulls could step in, but it would be really nice to catch a much bigger move towards the channel lows.
AUD pairs are generally quite weak at the moment supporting this theory. AUDUSD also looks due for a heavy breakout very soon.
Good luck.
Today's pinbar looks justs about right and is also rejecting the upper bollinger band. I think price should hit 78.50, where bulls could step in, but it would be really nice to catch a much bigger move towards the channel lows.
AUD pairs are generally quite weak at the moment supporting this theory. AUDUSD also looks due for a heavy breakout very soon.
Good luck.
交易結束：達到停損點
註釋
Gapped up over the weekend on news that the FBI would not be charging Clinton and stopped out. Maybe SL could have been wider. Time will tell.
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