FX:AUDJPY   Australian Dollar / Japanese Yen

we have a potential head and shoulders pattern formation on AUDJPY .
72.5 structure resistance is on focus, if bulls break and close above this level,
for us I will be a perfect signal to open long trade.

Stop - 71

Target 1 - 73.8
Target 2 - 75.0
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Nice chart! And nice work man !
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when the chart is too easy to read, better to stay tuned, and yes, trade on breakout is good idea
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Smokar1 Smokar1
@Smokar1, another convermation of bullish bias . just waiting for closer above the double tops then make the trade active
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i also have the same idea . its also a bullish bias because the price respected the area b\w 70.955 & 70.656 so many times in weakly time frame . plus if the price closes below the LL then we will expect a price collapse
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Share your trading ideas on AUDJPY here
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