AUDJPY - POT Bearish Flag and continuation - Short - 4HR

23 May 2017

AUDJPY - Bearish Flag and continuation - 4HR

618 retrace of previous swing
bearish flag formed
Monthly Pivot second rejection
RSI not broken in downward trend.
If trading the Flag, wait for a break, if you are aggressive potentially buy here.

23 May 2017

Not

reversal at top of zone, money...

24 May 2017

Not

We see some accumulation in the zone, if we open up the chart a little we are looking at the last 2 impulses, will we repeat?

25 May 2017

İşlem elle kapatılmış

Break above here will be looking at he next target.
Will be looking for Divergence around completion of pattern

25 May 2017

Not

26 May 2017

Not

Really got suckered out of this trade after what looked like a breakout to the upside. now 100 pips south
This is market life and move on to the next trade.