AUDJPY is on a 1-2-3 pattern like the one in July, currently on the 3rd led down.
This is basically resembling Descending Triangle pattern. One last bearish leg to give before it breaks upwards.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 94.000 (Support A).
Tips:
1. The RSI (1d) patterns between the two sequences are also similar both inside Channel Down formations. This also points to a bearish leg next.
Please like, follow and comment!!