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Dragon_Investments
Aug 12, 2022 12:51 PM

WYCKOFF analisys 

Australian Dollar/Japanese YenFXCM

Description

AUDJPY - WYCKOFF analisys
price is in a range market and has had a mSOW (minor sign of weakness) in which there was a liquidity grab, now the price will probably form the UTAD (Upthrust after distribution) and if that new high will be formed we will just have to wait for a reversal sign (such as shooting star or bearish engulfing) in order to open a sell order.
Let's see how the situation develoops.

Stay tuned!

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