ThinkingAntsOk

AUD/JPY Bullish Scenario by ThinkingAntsOk

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
🔸 4H CHART EXPLANATION:
.
.
🔸 Price bounced at the Ascending Trendline.
.
🔸 On a lower timeframe, the Descending Trendline of the downside move has been broken.
.
🔸 The potential target area is the previous high, where price will make a double top.
.
🔸 Will look for lower timeframe bullish setup.

🔸DAILY CHART ANALYSIS:


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.