AUDJPY Double Tops, Look for Sell Setup

10 May 2021

Hello everyone:

Looking at the price action on AJ for potential short opportunities.

From the previous impulse phase, price begin to form the channel correction, sideway movement.

Latest price did push the price up, but its where the previous swing highs was. We see a small LTF ascending channel to correct the price up.

Now we see a strong sharp bearish move down, so last confirmation for me is a LTF continuation correction to get in on a sell down to the lows.

Thank you

10 May 2021

Not

Similar price action on NZDJPY