AUDJPY H4 - Long Setup

AUDJPY H4

Similar to what we have on GBPJPY, but as we mentioned multiple times on the rundown, AUD and NZD were the outperformers last week, and may continue that theme this week (break dependant).

Simply waiting for a bullish or bearish breakout of this consolidation structure to warrant a trade. If we break downside, we simply look for something else, upside break could offer longs on the retest.