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Bearishaud

Bearish (SHORT) AUDJPY -Price is in an overall bearish trend -Currently on the 4hr and lower TFs it appears that price is consolidating. -Expecting price to form a candlestick reversal pattern and retrace to test the 50.0--61.8 fib level. -Price also formed sort of a double top and broke below, a retracement to the previously stated levels, would also serve as test of the neckline. -Once price make a retracement and respect the levels, I am expecting price to make another push to the downside, continuing the trend. Please Like, Follow, Comment. What is your analysis?
Short
by NoCeilingsTrading