UnknownUnicorn4090857

Will AUD High Impact News Push Price?

FX:AUDJPY   Australian Dollar / Japanese Yen
The price has broken critical zone many time with retests on that exact level which has formed a pattern that look like unfinished H&S formation which was why i opened a sell from the top of right shoulder expecting it to go down but now I am waiting to see if high impact news will help to complete its true head and shoulder which will push price downwards catching around 40-60 more pips to end the night for me.

On the downside, if it comes out positive then it will hit my stoploss in the profit and i wont enter any more trades.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.