Sell AUD/JPY 99.5 — Fibo Confluence Setup, Downtrend Continuatio

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Sell AUD/JPY 99.5 — Fibo Confluence Setup, Downtrend ContinuatioAUD/JPYOANDA:AUDJPYhungminskfibotrungSell AUD/JPY 99.5 — Fibo Confluence Setup, Downtrend Continuation. Condition 1: The setup aligns with the downtrend; price still has room to continue, confirming trend continuation. Condition 2: Draw a Fibonacci retracement in the direction of the trend. The strongest confluence zone (0.5–0.618) coincides with the key level around 99.5. Condition 3: An order block (OB) has formed around the 99.5 area. Based on this, there is a sell setup around 99.5.
Stop loss: above the strong Fibonacci zone (0.5–0.618). The price is expected to continue moving downward. Analysis by: Hung Minsk Fibo Trung