Description
⋅ AUDJPY CORRECTING FROM IT'S PREVIOUS BEARISH IMPULSE AND DURING ITS CORRECTION THIS PAIR HAS FORMED A RISING WEDGE AND
SOME RSI DIVERGENCE.
SELL ON BREAK AND CLOSE BELOW THE LOWER OF THE WEDGE PATTERN
TARGET 1 IS BASED ON AND TARGET 2 IS A CONFLUENCE BASED ON 1.272 ON THE FIBONACCI EXTENSION AND 100 ON PROJECTION
Comment
⋅ TP 1 HIT
Trade closed manually
⋅ TP 1 only achieved - im doubting whether TP2 would be hit