UPDATE Short in Progress? AUDJPY

28 Kas 2016

Last week I published a chart on this pair showing the price at the top of the weekly channel also completing an advanced pattern (see link below)
It has now broken the correction and retraced back to a great place to enter short for a potential long ride down in the weekly channel

Just my thoughts

If this helps or you agree please "Like"

Good luck
Steve

28 Kas 2016

Not

This looked like it was going up for another test of the trend line. I moved sl to allow for this. The upward correction might be finished now so get in at a better price