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OuroborosTrades

AUDJPY Chart Analysis (Week of 04.03.2023)

Long
Australian Dollar / Japanese Yen (EIGHTCAP:AUDJPY)  
OuroborosTrades  
EIGHTCAP:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Greetings! I have analyzed the chart AUDJPY and I believe its major move will be to the upside for the week for the following reasons:
-Overall bullish trend, despite breaking to the downside
-There is a FVG below a level of equal lows (liquidity grab)
-There is a FVG to the upside around the area where price broke to the downside

I do believe price is heading to downside because of the head and shoulders pattern formed the the ever-shifting bearish trend.
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