Bull Channel will be Broken? / Major Trend Reversal / H4
142
Bears was strong enough that push price below 20 EMA ( Last AUDJPY analysis ). Below 20 EMA bulls enter the market and pushed price higher that was a final leg of bull trend. After a failed BO, higher high double top price falls down. Now we have to wait and see what price reaction will be to the bull trend line + Trading Zone. If bears break the trendline, target will be 81.5.
**This is not an investment advice. Your capital might be at risk.** Give me your idea on comments... Good Luck...