Hello Everyone, We have a Setup here that goes well with the Idea for AUDJPY. Both are similar: Looking for a slight push up within their Uptrend Channels to form a Top, then anticipating a breakdown. Both seem like good setups and they complement each other which is a good sign. If market just happens to gap up, I will most likely look to enter a sell from the Open to close the gap and continue the bear wave if possible.Watch this pair closely for the next Wave, trade it safely, trade with a plan, stick to your plan and you will stay in profit blue! Show some support :)
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Check out my Aussie Yen Setup!
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A bit more clear visual of AUDUSD as to the Top and pattern being formed.
Still same idea though
Still same idea though
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Man do I hate a correct analysis with a gap towards target without me in it :(
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Nothing's changed. Price is just giving us a better setup, that's all.
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Anthing can happen in these markets...
David K Giraldo