Hi guys,
OANDA:AUDJPY
Lets look at structure for a minute.
4hr time frame:
Looking at the 4hr time frame to start we see that the pair begins trending down and then breaks its down trend January 3rd by breaking through the Previous high. Later the pair retests that level and then resistance becomes support!
1hr Time Frame:
Same idea as the 4hr chart. We...
Hi all,
For this FX:USDCAD trade I think we have a good setup for a swing trade from the 38% fib level back up to the previous high zone where it will either range for a bit or hit the 23% fib and then return to its original direction down.
As for entry we will either take the entry on the 15 minute with and indecision candle or use a strong bullish engulfing...
