AUDJPY Technical analysis Cause, re-accumulation, equilibrium sequence between demand and supply between quotas , supply zone 94.529 & 92.578 demand zone . Demand greater than Supply ! Implications, bullish! Pattern Rally base Rally !
Effect generated by approx 250pips.
SL 92.915 Entry , Buy! 94.110 TP 96.641 ⭕ = circle ⏹ = square 🔺️ = triangle Unit = ⭕ market Polarity = 🔺️demand & 🔻supply Equilibrium = ⏹ range ("the ratio between supply and demand is =")
Accumulation with the 5 phases and the 9 events! 1. Phase A- Stopping the previous trend 2. Phase B- Construction of the cause 3. Phase C- Competition assessment 4. Phase D- Beginning of trend movements 5. Phase E- Confirmation of direction An accumulation interval is a lateral movement of the price preceded by a downward movement on which an absorption maneuver is performed by large traders in order to accumulate stock in order to sell it at higher prices in the future and make a profit from the difference.