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robertdewick

AUDJPY - ABCD (bullish) Weekly TF

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
robertdewick  
FX:AUDJPY   Australian Dollar / Japanese Yen
AB=CD Double Top or Bottom Trend Analysis correctivedoublebottom Double Bottom pattern AUDJPY Weekly Charts
5
0
abcdpattern doubletoporbottom trendanalysis correctivedoublebottom doublebottom pattern audjpy weekly
Looking at the Weekly Chart, we can see we're seeing higher highs and higher lows.

I am anticipating another leg up into the 92.000 zone.

We saw a corrective double bottom on the previous leg (B-C leg), which has created a nice area of support.

I'll break down the Daily Chart next and look for confluences.

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robertdewick
AUDJPY - ABCD (bullish) Daily TF
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