What's up frens. We got a REALLY nice reversal here with what looks to be a clear break of the multi year pitchfork prong that has been acting as a SUPER strong level of resistance.
- Light Blue arrow: Strong looking V reversal pattern with 2 back to back daily buy signals from True Vibration 2.0 indicator. That' major bullish right there and if you bought that...
Another Forex Trading Snack.
AUDJPY on my weekly chart it shows an interesting point in price action. Sitting just below a multi year trend line ( a trend line going back to 2018 ) this down slopping pink trend line should provide a cap in price. Usually price action taking a crack at a multi year line doesn’t break through on the first try.
My bias is to set...