AUDJPY is in a down channel so naturally we want to sell when the price is at the upper trendline.
Price also made a retracement to the 0.618 fibonacci level.
Now we can wait for a pullback to get in at a better price, which will give us a better risk to reward ratio.
Price also made a retracement to the 0.618 fibonacci level.
Now we can wait for a pullback to get in at a better price, which will give us a better risk to reward ratio.