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nikitafx
Apr 25, 2015 3:39 PM

AUD/JPY H&S breakdown trial 4 Failure (Nikita FX ) Long

Australian Dollar/Japanese YenFXCM

Description

As I described this with my last AUD/JPY's edition, H&S breakdown trial 4 would be a key.
However it had failed and made two weeks rejection candles. And now it is standing above
H&S neckline and also weekly Alligator middle line.

As per my latest USD/JPY's view, this AUD/JPY's technical signal shows also bullish reversal.
In addition to those, AUD/JPY looks like forming a huge ABCDE triangle in the future.

Nikita FX (climbingfx.jugem.jp/ )
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