Hi there, AUDJPY forming head and shoulder on bigger time frame and forming very nice flag on lower time frame. We are anticipating breakdown and continuation for downside.
How you can trade.
1. Sell before the breakout. Pattern will be change if price close above the previous high but we will remain bearish.
2. Sell the breakdown. but that will be late.
In case price break up and change the pattern we will remain bearish on AUDJPY for longer term.