Short AUDJPY: Sometimes it is just that simple!!!

9 Kas 2015

I see a strong channel resistance with divergence confirmation on MACD. Short AUDJPY with targets to the channel support.

I believe simpler patterns rock. But if you believe complex patterns say a lot, check the chart below on 15 min:

11 Kas 2015

Not

There is good amount of consolidation to my liking. Moved stops to BE.