AUDJPY has completed a bearish Wolfe Wave setup in the PRZ of two confluent bearish harmonic crabs. RSI is overbought and has printed bearish divergence. To add to bearish bias, two unhit pivots sit below price. SL is placed above the PRZ with target at .618CD (yellow crab).
Confluence in the PRZ:
Two bearish crab patterns complete
Bearish Wolfe wave setup
Unhit daily pivot below price
Missed daily pivot below price
RSI overbought
Bearish RSI divergence
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