AUDJPY - Trend-Following Setup ↘️ AGAIN

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

As per my last AUDJPY analysis, attached on the chart, we were looking for trend-following sell setups around the upper red trendline.

Now AUDJPY is retesting that upper trendline again, so we will be looking for new sell setups.

As per my trading style:
As AUDJPY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich