Taking a look at the intraday price action on AUDJPY we have seen a potential Sell trading opportunity present itself.
As you can see from the 1 Hour chart, we have a liquidity gap drive lower on the 21st September 2020 around the 76.32 level marked with an orange arrow.
This level could have additional order flow resting here as the sellers who originally drove...
FEDERALBNK - Bullish Trend,
- Previous bearish Trend
- Monthly Stop Loss 75.70
- It is downtrend for short time, right now it is at resistance level ~ 84.95
- The expected target is about 110 price
- Downtrend channel of about 17 pips
- Expected to cross at 85, if weekly close is above 85 then it is BUY
- The next immediate target is...
BULLISH THREE WHITE SOLDIERS
This pattern indicates a strong reversal in the market. It is characterized by three normal or long candlesticks incrementing upwards. The opening of each day is slightly lower than previous close and prices progressively close at higher levels. This staircase like behavior signals the reversal of the trend.