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nszn_fx
Apr 18, 2019 3:55 PM

AUDJPY , htf continuation pattern breakout&pullback Long

Australian Dollar/Japanese YenFXCM

Description

Price has worked its way through the descending channel that formed a htf bullish flag pattern, breakout and pullback occurred with execution possible on small time frames. Potential 200+ pip move to the upside.

Trade active

price has made its way down to the trendline expected, expecting bullish momentum onto the next trading week.

Comment

breached trend line but bullish bias still valid

Comment

hovering at strong resistance level.
Comments
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