the5erstrading

Waiting For Reversal Signal At AUDJPY 19/05/19

Long
FX:AUDJPY   Dollaro australiano / Yen giapponese
As we can see, the AUDJPY is in bearish momentum, the price went down almost 500 pips in that bearish momentum, also, we can see a clear divergence between MACD and the price, as we Know, that divergence indicates that the price losing power and the bearish momentum is about to end, now, besides the divergence, we waiting for the price to break out the resistance above and To create a new fresh demand, if that happened, it will be a great setup for buy position, the final target will be the supply at the top, which is also a great supply for sell position, that analysis Relevant for swing forex traders,


The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
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.