Week 8 assignment (EXHIBIT A) for AUDJPY by PROSHERIFF
Long on AUDJPY
1. Bullish Crab pattern has formed as Point D is lower than point X.
2. Line of support has already been tested before at point E.
3. Trade can be taken once the current candle closes with bullish signals, which will mean the bulls are in charge now.
4. TP1 (0.786 Level) = 92.764
5. TP2 (0.618 Level) = 93.403
6. SL (Below the support line)= 91.295
1. Bullish Crab pattern has formed as Point D is lower than point X.
2. Line of support has already been tested before at point E.
3. Trade can be taken once the current candle closes with bullish signals, which will mean the bulls are in charge now.
4. TP1 (0.786 Level) = 92.764
5. TP2 (0.618 Level) = 93.403
6. SL (Below the support line)= 91.295