Jose_M4

DOUBLE BOTTOM FORMATION-LOOKING TO BUY AUDJPY

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY had formed a double top chart pattern and broke the neckline and changed structure to the downside. The pair has recently formed a double bottom chart pattern and has broke the neckline and retested of the neckline to form a new trend to the up-side.The retest touched the 38.2 fib retracement zone and is looking to spike up to continue the up trend.
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