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VladimirRibakov

AUDJPY Buy Idea

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
VladimirRibakov  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis AUDJPY buy Bullish Patterns bullishhiddendivergence Bullish Divergence pullbacks
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trendanalysis chartpattern waveanalysis audjpy buy bullish bullishhiddendivergence bullishdivergence pullbacks
D1 - Bullish hidden divergence.

H4 - Price is holding the 100 fibo level, bullish divergence.

H1- If the price breaks above the downtrend line, we may then look for pullbacks and buys with more bullish evidences.

If you want to be more conservative then wait for the price to break above the high shown in the chart, we may then start looking for buys with more bullish evidences.
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