nikitafen46
Long

AUDJPY Long Term Channel Broken - buy?

FX:AUDJPY   Australian Dollar/Japanese Yen
Nothing lasts forever, especially supports and resistances. The red channel resistance trendline was broken as a result of the US election. And although I was looking forward to another short position on this pair, traders must always be adapting to the circumstances of the Forex Market.

The extremely long lower shadow suggests buying pressure from the bulls. Probably a trade for next week, with a time range of about 2 to 3 weeks for price to reach either the Target or Stop Loss.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out