AUDJPY: Potential structure trade with confirmation

16 Eyl 2019

hey traders,

very good trading setup on AUDJPY.
on a daily the market has recently reached a key level of resistance
and on 4H and 1H chart we see clear divergence on RSI and the price started coiling.
I will be waiting for a bearish breakout of a trading range to short the pair.
T1 - 73.05
T2 - 72.00

*if the market sets new higher high higher close, setup will be invalid