memit

AUDJPY long Daily/H4 pullback after breakout

Long
OANDA:AUDJPY   Dollaro australiano / Yen giapponese
This is a potential long on the AUDJPY. Price has broken out of a fairly significant channel as shown on the weekly and daily. Price is now testing the outer channel as support. On the H4 you can see that there was fairly good bullish candle off that level and now price is making a small consolidation (as shown by the grey box on the 4 hour). Sometimes these nested consolidations can be quite powerful. I may look to enter on bullish momentum if price breaks out of this box to the upside.
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.