AUDJPY - POT Bearish Flag and continuation - Short - 4HR

23 de mai. de 2017

AUDJPY - Bearish Flag and continuation - 4HR

618 retrace of previous swing
bearish flag formed
Monthly Pivot second rejection
RSI not broken in downward trend.
If trading the Flag, wait for a break, if you are aggressive potentially buy here.

23 de mai. de 2017

Nota

reversal at top of zone, money...

24 de mai. de 2017

Nota

We see some accumulation in the zone, if we open up the chart a little we are looking at the last 2 impulses, will we repeat?

25 de mai. de 2017

Trade fechado manualmente

Break above here will be looking at he next target.
Will be looking for Divergence around completion of pattern

25 de mai. de 2017

Nota

26 de mai. de 2017

Nota

Really got suckered out of this trade after what looked like a breakout to the upside. now 100 pips south
This is market life and move on to the next trade.