AUDJPY Movement Predicting 08/04/2021
As you can see there is a Bearish Divergence with MACD which is the sign of trend reversal, followed by Hidden Bearish Divergence which can be interpreted as the Bearish Trend Continuation
the price may have retracement to the Fibonacci Golden zone which is between the 50% to 61.8% and then starts its impulsive wave if these support level stands and Bunces the price to the higher levels of expansion
the price may have retracement to the Fibonacci Golden zone which is between the 50% to 61.8% and then starts its impulsive wave if these support level stands and Bunces the price to the higher levels of expansion
Comment:
developing on the prediction line
Trade active:
the Price has Triggered our Buy limit at the Fibonacci Golden Zone and is now up Trending to our Specified Targets
Trade closed: target reached:
both TP Achieved