AUDJPY SELL IDEA

٢٠ يناير ٢٠٢١

After forming a double top on the Daily chart, bullish structure was broken. There have been 4 tests of the current level of resistance on the intraday timeframes as seen in the highlighted highs, at the 61.8 fib level. Awaiting confirmation of a bearish engulfing close on the 1 H below the bottom of the wedge channel for confluence.