AUDJPY has given breakout from head & shoulder pattern, also it has retraced towards the neckline of head & shoulder pattern we might see, further downside towards the support, as shown in the chart. Trade can be initiated on the downside with proper risk management and stop-loss.

Thanks

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.