AUDJPY: Potential pull back offering SHORT opportunuity
Fri daily candle closed with a inverse hammer, a sign that price might be moving up. Aggressive trader might look to trade the counter trend bullish pull back. Alternatively, one should wait for a pull back to the flip zone(previous structure support turn resistance), which coincide with fib 38.2, to look for a sell opportunity to join the Bearish trend.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.