AUDJPY Possible Long

FX:AUDJPY   Australian Dollar / Japanese Yen
93 8 12
AUDJPY             was in range for over 2 weeks.
It seems to be breaking to the upside. In addition MACD has regular divergence in Daily Timeframe .
Before it continue it will probably do a small correction (to confirm the up movement)

Thank you!
Comment: Trade worked out as expected
hello again
I have just noticed
Isn't there divergence on Daily chart, I mean the current top
NTrading AbdullahArslan
Hello AbdullahArslan,

Yes there is regular divergence in Daily chart too.

I wish you a profitable week!
+1 Reply
does it mean its a begining of a down, doesnt it?
I dont think it will be a profitable week for me cause I am a little bit beware.
NTrading AbdullahArslan
I cannot forecast because we do not see same chart. I see different things in the chart, you see different things.

If you doubt it will be a profitable week, then just do what you feel better.
yeah you right thanks :)
I have read your analysis, according to what your saying there is a regular divergence that macd has
but I couldnt see well.
I write this because I have strated working on divergences. because I am a new trader in the market :)
NTrading AbdullahArslan
Hello and thank you for your support!

Divergence is here on Daily, this is the reason you cannot see it on 4H


Also there is a weekly divergence if you put it on weekly timeframe.

+1 Reply
woww sorry Its my bad :)
I got it now. as I said I am just a new trader struggling :/
thanks so much for your answering :)
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