AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Price action is still very bullish on this pair and doesn’t show signs of stopping yet. From where price action currently is we would ideally like to see a pullback with a confirmed higher low before entering long. Look for possible entries around 81.000 and target higher toward negative fib levels. Technically price action can fall to 80.250 and still see a bullish reversal.
Trade scenario 2: For us to consider AJ bearish we need to see a lower high form below key support at 80.250. Look to enter short on strong bearish setup confirming the lower high and target toward major support levels.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Price action is still very bullish on this pair and doesn’t show signs of stopping yet. From where price action currently is we would ideally like to see a pullback with a confirmed higher low before entering long. Look for possible entries around 81.000 and target higher toward negative fib levels. Technically price action can fall to 80.250 and still see a bullish reversal.
Trade scenario 2: For us to consider AJ bearish we need to see a lower high form below key support at 80.250. Look to enter short on strong bearish setup confirming the lower high and target toward major support levels.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.