$AUDJPY Short: Wolfe, 2 Crabs, Pivots, Divergence, Overbought
AUDJPY
has completed a bearish Wolfe Wave setup in the PRZ of two confluent bearish harmonic crabs. RSI is overbought and has printed bearish divergence. To add to bearish bias, two unhit pivots sit below price. SL is placed above the PRZ with target at .618CD (yellow crab). Confluence in the PRZ:
- Two bearish crab patterns complete
- Bearish Wolfe wave setup
- Unhit daily pivot below price
- Missed daily pivot below price
- RSI overbought
- Bearish RSI divergence
Thank you for your continued support and don't forget to click the thumbs up button and follow for future updates and more trade ideas!
