AUDJPY - ((WEEKLY SUPPLY IMBALANCE))

Hello traders,

Market looks to be consolidating on the monthly and weekly chart, though, a potential downtrend may occur if price respects the weekly supply zone.

Confirmation has been made where supply zone shows there are willing sellers, my setup is shorting the pullback.

Trade ativo:

Sell order triggered. I'm in this trade

Comentário:

Oh just to add, I just noticed a shoulder head shoulder formation from which I went short.

Trade ativo:

Target 1 reached. Closed half of my position and letting half of it run through jntuk the next monthly zone.