AUDJPY - POT Bearish Flag and continuation - Short - 4HR

FX:AUDJPY   澳幣 / 日圓
100 3
AUDJPY - Bearish Flag and continuation - 4HR

618 retrace of previous swing
bearish flag formed
Monthly Pivot second rejection
RSI not broken in downward trend.
If trading the Flag, wait for a break, if you are aggressive potentially buy here.
reversal at top of zone, money...
評論: We see some accumulation in the zone, if we open up the chart a little we are looking at the last 2 impulses, will we repeat?
手動結束交易: Break above here will be looking at he next target.
Will be looking for Divergence around completion of pattern
評論: Really got suckered out of this trade after what looked like a breakout to the upside. now 100 pips south
This is market life and move on to the next trade.
flag get knocked already , so forget about bear it look like a '' flat '' trend is comming ,
Swerver YounesAb
@YounesAb, Until we close above the area on the 4HR area the trade is active, so far we only see rejection at this area.
I manage trades, took some profit on the first drop, still 2 more partial positions open.
Swerver YounesAb
@YounesAb, the rise before is now @ equal distance, as the last impulse.
Its always possible we can move up, I generally reverse trade, so look am looking for these areas, if we break through then yup we will trend higher
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