jojofang0901

AUDJPY more downside possible?

Short
jojofang0901 Aggiornato   
OANDA:AUDJPY   Dollaro australiano / Yen giapponese
Hi everyone:

MY previous forecast on AUDJPY worked out in my favor, as the price formed a nice continuation flag and we see a strong bearish move to the downside.

Since price broke down very impulsively, I will lock in some profit and see what price will do this point forward.

I am still expecting a correction to form here and more downside potential once the correction is finished.

Thank you
Commento:
Commento:
Wait for larger correction to complete.
Commento:
Commento:
Commento:
Price hits the bottom of the correction, I will look to lock in profit and see if price will break below and form smaller correction and I will look to hold on til the igher time frame structure.

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