AUDJPY Short Position

4H Trendline Break: The break of a significant trendline on the 4-hour chart suggests a potential reversal in trend from bullish to bearish. This is a key signal that the buying momentum may be weakening and selling pressure could increase.

Break of Higher Low (HL): The break below a higher low is an indication that the uptrend has been invalidated, and the market may be entering a downtrend or a corrective phase.

New Lower Low (LL): The formation of a new lower low confirms the transition into a bearish trend. This is a key signal for entering a short position, as it reflects increased selling pressure.

Entry: Place a sell stop order at the new lower low (LL) point. This will ensure you enter the trade if the price continues to decline, confirming the bearish momentum.
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Technical IndicatorsTrend Analysis

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