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Veejahbee

NEW POTENTIAL LONG OPPORTUNITY ON AUDJPY

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
Veejahbee  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Wave Analysis Chart Patterns AUDJPY aussie yen Bullish Patterns pips signals trendfollowing swingtrading
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trendanalysis waveanalysis chartpattern audjpy aussie yen bullish pips signals trendfollowing swingtrading
Our previous trade setup on AUDJPY has been stopped out after a formation of deeper ABC corrective wave.
Currently, the price is retesting the broken descending trend line and resistance level as new support again leading to a double bottom pattern on that zone.
Considering that we have bullish price action signals formation such as pin bar, doji and engulfing candles at the second retest (C), we will able to go long after the proper break of the Counter Trend Line.

Thanks for reading.
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