AUDJPY showing us clear impulse and correction and we are currently near the end of a correction. Watch the fibonacci level and top of the correction for sells. If we break down from here, look for a bear flag on the smaller timeframe.
This set up is similar to the NZDJPY and EURJPY set up previously posted. See below.
Though I don’t enter any sell trade but it’s extremely beneficial for my learning to see the setup and follow the trade. Thank you so much for the charts and time spent to educate us.