AUDJPY: Trading Plan For Today 🇦🇺🇯🇵

13 באוק׳ 2022

AUDJPY is coiling around a key resistance.
The price formed a head and shoulders pattern on 1H time frame.

To short with a confirmation, wait for 1H candle close below 92.0 level - its horizontal neckline and a minor rising trend line.
Then a bearish continuation will be expected to 91.55

If the price sets a new high, the setup will be invalid.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️