AUDJPY 2 Scenarios

Will we break of reject resistance. Those are the 2 scenarios I will be looking for

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A break of that channel + 50 EMA would be optimal for a sell

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Also keep in mind that huge pin bar from the flash crash. Could be further upside. Lets catch the direction it will go

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Break and retest of consolidation box would be a great indication of the direction we going

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Easy sell

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Breaking down

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DOWN

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dropped 60 pips than retected support