Saoldric

AUDJPY Long and short trade ideas

FX:AUDJPY   Australian Dollar / Japanese Yen
0
we are running up against the belly of the multi month channel that we previously broke, and we are currently in a triangle formation. You could trade the breakout move to the median zone of the channel, or you could trade a bet that the belly of the month channel will hold for now. Im personally looking for a move down. I wont be trading a long position till we get solid break.
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.