Decodingthemarket

AUD-JPY WEEKLY PRICE PROJECTION

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Risk/Reward Ratio of 7X Gain
Waiting Price to break Below 200 MA (blue line) and and Support Box
finding resistance below 200 MA to Confirm the Downtrend
Note: The extension of the line pattern in price (White) and 200 MA (Blue)
may differ in time depending on the development in the speed price.
Projection meet Multiple Targets if price develop as showed in the descending Parallel Channel with Risk/Reward Ratio of 7X Gain
That is why it is important to be patient and wait for the Price to give us a signal to enter with the highest probability of achieving our goal.
Must Keep in aye on 200 MA 👀

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.