AUDJPY: Watch this - don't kick yourself!

3 thg 4, 2019

AUDJPY is in a critical zone on the 3D time frame. This is one to get ready to short, on a lower time frame. Price is struggling in the congestion zone, which contains a heavy bearish investor sentiment. This does not mean price is bound to head south. It means that the probability estimate from this time frame is for the south. For every probability in one direction, there is a residual probability in the opposite direction.