Get started
Fx_Trader_ViSa

AUDJPY Trading at Support level Of Descending Triangle

Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
Fx_Trader_ViSa  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns aud jpy audjpyanalysis Technical Analysis longtrade shorttrade
8
1
trendanalysis chartpattern aud jpy audjpyanalysis technicalanalysis longtrade shorttrade
AUDJPY was trading in Descending Triangle pattern and also it is trading near the support line of Descending Triangle pattern. If the price level closes below the support line of descending triangle then we might see further downside in pair. Trader can catch 50 to 100pips of downside by taking short side trade on pair, if it breaks out from the descending triangle pattern.



Like/Comment/Follow Us For More Idea
Note - Trade with Proper Risk Management System Only



Thanks
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.