AUDJPY Bearish Move
Reasons for bearish trade
1. Black trendline is sell side liquidity (meaning market will take out those lows on the trendline)
2. Strong 4hr Supply Zone = Sell momentum
3. Broke highest low = Change of Character
4. Wait for lower high to be formed for sell confirmations
5. IMPORTANT: IF 4HR SUPPLY IS BROKEN, SELL IS NO LONGER VALID
1. Black trendline is sell side liquidity (meaning market will take out those lows on the trendline)
2. Strong 4hr Supply Zone = Sell momentum
3. Broke highest low = Change of Character
4. Wait for lower high to be formed for sell confirmations
5. IMPORTANT: IF 4HR SUPPLY IS BROKEN, SELL IS NO LONGER VALID
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