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desmondtatilian

[AUDJPY] Bullish trend continuation after 50EMA cross

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
desmondtatilian  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Technical Indicators
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trendanalysis indicator
On the daily chart we madde a new high and then respected support with a double bottom. Now we are starting to make new highs on lower timeframes and just crossed the 50EMA on the H4. We had a slight pullback and a bullish engulfing trend continuation candle. On M30 I wanted for a slight pullback and then entered the trade. No divergence yet on H4 so i feel confident entering the trade.
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