Short AUDJPY: Sometimes it is just that simple!!!

Zaktualizowano
I see a strong channel resistance with divergence confirmation on MACD. Short AUDJPY with targets to the channel support.

I believe simpler patterns rock. But if you believe complex patterns say a lot, check the chart below on 15 min:

snapshot
Uwaga
There is good amount of consolidation to my liking. Moved stops to BE.
Harmonic PatternsParallel ChannelTrend Lines

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