AUDJPY - Trade Plan
Daily Chart:
Downtrend - Below Kumo, breakdown correction trendline (blue) and retraced with ABC.
4H Chart:
Above Kumo (Uptrend). Uptrend continue if pair close above Point C next week.
At Point (c), maybe Wave 4 in action.
Pair moving in downtrend channel (green).
Trade Idea:
1- Sell with SL above Point C (Any TF) or
2- Wait for short with SL using Ichimoku strategy at 1H chart. Looking for LH after Point (c) before entry.
Daily Chart:
Downtrend - Below Kumo, breakdown correction trendline (blue) and retraced with ABC.
4H Chart:
Above Kumo (Uptrend). Uptrend continue if pair close above Point C next week.
At Point (c), maybe Wave 4 in action.
Pair moving in downtrend channel (green).
Trade Idea:
1- Sell with SL above Point C (Any TF) or
2- Wait for short with SL using Ichimoku strategy at 1H chart. Looking for LH after Point (c) before entry.
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Daily Chart:
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