DacresFx
Short

AUDJPY - ''SHORT'' - (CANDLESTICK FORMATION)

FX:AUDJPY   Australian Dollar/Japanese Yen
Confluences and Probability
- Clear downtrend 4H + DAILY
- 79.703 is channel low on the daily T.F we are seeing a clear break of this level
- All MA's are suggesting strong bearish momentum
- While having all these confluence to give evidence that we are in a overall bearish market we have other independent factors such as this clear ''Bearish Pennant'' in which we expecting a strong breakout to the downside and take a 2:1 Position the bearish pennant in it's self is a ''Bearish'' candlestick formation in which we should be looking to take a short trade to the downside
- Unable to show you the daily chart , but the previous day friday 20th the market printed a LWP Long wick pattern in which price rejected off the previous daily support turned resistance
All for now i'm going to start posting a little more charts :D
buk721
8 months ago
looks like could be going upto 80.35 or more first
Reply
madi052893trading
7 months ago
I think this breakout would be false.  
Reply
DacresFx madi052893trading
7 months ago
You was saying, dont trade what you think trade what you see bud
Reply
madi052893trading DacresFx
7 months ago
ooppps... price will going be up i think?
Reply
Sapphira
7 months ago
Awesome! Thank you.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out