Resistance on the weekly and trend line breakout.
The various trendlines are illuminated on the chart. The red lines and green lines are the resistances and supports, respectively. Since the pair has been on a streak and has been overbought for several days, the Fibonacci retracements , trend lines and indicators like stochastics, RSI, CCI indicate that its high time for correction. The pair most probably...
Good opportunity on the AUDJPY Bearish Bat in a bearish market should be a good one...
Buy at Point D @ 113.305 Stop Loss @ 112.358 Target 1 Fib (0.382%) @ 115.339 Target 2 Fib (0.618%) @ 116.595 Trade management move stop loss to break even when target 1 is hit or split your trade in 2 lots and take out 1 lot at target 1 and let the other one role. Pattern is valid as long as price does not go beyond time fib 3 marked with a red vertical line...