AUD/JPY Double Top
🔸 4H CHART EXPLANATION:
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🔸Price did a double top pattern at the Resistance Zone.
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🔸It has broken the Ascending Trendline, however, it did not start a bearish move after that.
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🔸 We are waiting for some bearish momentum before considering a bearish trade.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYIS:
.
.
🔸Price did a double top pattern at the Resistance Zone.
.
🔸It has broken the Ascending Trendline, however, it did not start a bearish move after that.
.
🔸 We are waiting for some bearish momentum before considering a bearish trade.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYIS:
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