AUDJPY PoTENTIAL SELL

12 באוק׳ 2020

I am very new to this. I have invested in myself and enrolled in a mentorship course and it is amazing what you can learn when you put your mind to it! We have bee doing great, and I have been practicing on a demo account on metatrader 4. This is my first ever markup and it feels awesome to say that! From what I have learned so far, I know AUDJPY has been in active support and resistance price action according to charts as of friday October 9 2020 when this was made. From my technical analysis, even though the price action has broken through resistance, it has done this in previous cases and crashed to the support or even below. I can also identify a potential head and shoulders pattern and to complete the full pattern there needs to be a bearish push. The last time AUDJPY was this high, was a month ago, all confirming to me at least that this pair will push bearish. Let me know any thoughts opinions or comments it is much appreciated!