POTENTIAL COMPLETION OF XABCD PATTERN ON AUD/JPY, WITH THE COMPLETION LEG FINISHING ON THE 0.382 RETRACE OF LONG TERM SWING HIGH/SWING LOW.
A BEARISH REVERSAL CANDLE ON 30M TIME FRAME MAY ADD TO FURTHER CONFIRMATION OF SHORT TERM SELLING, WITH THE 91.30 HANDLE ACTING AS STRONG STRUCTURE RESISTANCE.
DAILY SUPPORT ACTS AS A NICE POTENTIAL PROFIT TAKING AREA, SHORT TERM SELLING CANNOT BE RULED OUT - RSI PIERCING THE OVERBOUGHT MEDIAN LINE ADDS FURTHER CONFIRMATION.
A BEARISH REVERSAL CANDLE ON 30M TIME FRAME MAY ADD TO FURTHER CONFIRMATION OF SHORT TERM SELLING, WITH THE 91.30 HANDLE ACTING AS STRONG STRUCTURE RESISTANCE.
DAILY SUPPORT ACTS AS A NICE POTENTIAL PROFIT TAKING AREA, SHORT TERM SELLING CANNOT BE RULED OUT - RSI PIERCING THE OVERBOUGHT MEDIAN LINE ADDS FURTHER CONFIRMATION.
