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gibbsys

AUDJPY Short Setup

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
gibbsys  
FX:AUDJPY   Australian Dollar / Japanese Yen
Support and Resistance Parallel Channel continuation
3
1
supportandresistance parallelchannel continuation
Trend: Bearish
Structure: Support and resistance / Lower lows

Plan: We look for a continuation of the bearish trend. Price has bounce off previous higher lows (resistance) and has made a lower low, this along with MACD confirmation suggest a continuation of bearish trend
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