FX:AUDJPY   Australian Dollar/Japanese Yen
37 3 0
The pattern on the AUDJPY             is interesting, it appears to be forming a Harami pattern indicating some reversal maybe on the way, I can not decide if it indicating a bullish or bearish reversal, the post brexit candles are quite unusual.
I would really like to hear any ideas
Trade active: I established a long trade at open Monday it is doing pretty well, showing +400 pips
Trade closed manually: trade 1 hit target 134 pips trade two hit stop for 0 pips
Trade has now entered a significant resistance area from 80-82 this has been an important area from May 201, despite the recent pullback I continue to hold long
Reply
Hi Motleifaul, i agree with your words, does the green candle prior to the final red make this a bearish harami? or do you still view it as bullish?
Reply
It is a weekly pattern and there is Thursday only today. So I would wait until Friday evening at least and then look at the daily chart cautiousely because of the Ichimoku still being bearish. If I would see a clear bullish signal in the daily chart however, and the see a weekly harami - then I would buy confidentially.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out