I was visiting babypips as my usual and found great new addons, such great forums, all in all I am impressed by the hard work invested in tutorials and developments of babypips.
I want to start sharing ideas with you. I am taking a trade on AUDJPY and I am not 100% convinced that I am on the right track (maybe too late).. Perhaps some traders can make their effective input on this.
Is this a top?
In 1 Dec, AUDJPY made a higher high but closed lower than previous candle low. Today it dropped to 90.70, but almost reversed to high 91.18. do you think the down move is done?
I am already short in line with this reversal pattern, but its slowing somehow.
Following 1-Day chart of AUDJPY|.