The following is the four hour chart of AUDJPY currency pair as of Feb. 18th, around 2 AM EST. If you observe the chart you can see that it was going in an ascending wedge. Now it is also forming a double tops. If the bottom trend line for the ascending wedge is broken with a strong candlestick it will be a good opportunity for a short trade. Moreover if it also crosses the neck line of the double tops it would be a very potential short trade opportunity. What do you guys say? Check the following picture.
AUDJPY Four Hour Chart:
audjpy ascending wedge and double tops
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