14/02-2020: AUDJPY

After a big decline, anticipated by our previous idea (check related ideas for more) we found another bearish signal. Considering a bearish pattern in a downtrend, chances are that we will more likely see a dip in the direction of the trend.

The chart shows another strong decline from the PRZ, followed by a ranging market.
Anticipating price to head further down. Expect another strong decline.

Thank you for reading and good luck to all following this chart