(SHORT in progress) AUDJPY D1 shooting star to rejoin trend


A sharp shooting star appearing few hours before AUD big news. This shooting star helped to complete a multi day bearflag. There is strong indication that the trend is going to resume downwards, and the news at 0830 ( an hour later) may be the catalyst for trend resumption.

week2 AUDJPY D1 shooting star 140116


AUDJPY h4 day to day downtrend. So it is easier to follow the path of least resistance

week2 audjpy h4 d2d downtrend 140116


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s