Donajor8

THE HOLY GRAIL CASE STUDY 28

OANDA:AUDJPY   Australian Dollar / Japanese Yen
After several climactic break ups buyers broke the upper bullish channel - reversal into a historical resistance that made an weekly upthrust candle within the rsi over brought these are strong indications to sell with no alternative there no other side of the trade here buyers will lose as the markets macro is trending down. The decision to reversal it will probably been seen at the profit taking level where buyers will most likely be looking to run price back into resident for 3 try break otherwise sellers will retest Covid volatility where buyers will run up. Ether way this pair is reversing and will be bullish and will see blue skies within it’s future these moves are the best place to enter on the journey
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