dojitrader
Long

How Many Tests Will It Take To Blast Off ???

FX:AUDJPY   Australian Dollar / Japanese Yen
40 1 3
Perhaps number 7, or is this 8, will finally pass muster.
OR, we might have to endure a flush of stops that are
surely building below to find the upside blast off.
OR, I could be completely wrong and this will drop like a rock.
Divergence everywhere you look - even some hidden ?
(inverse divergence, as I like to call it)
The risk is small to find out.
Perhaps this pair is simply waiting for AusUsd to find it's bottom
And then . . .
Yes, indeed, it's taken so long developing in this range... I'm long and asking myself the same questions.
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