Waiting for a pullback into the magic box where the trendline meets the Fib Confluence coupled with other factors still developing to look for longs. verification to come from HH HC candle inside the box with RSI OB
Whereas the bullish cypher does give a better reward, my entry has been triggered by the trend continuation inside the orange box off a HH HC candle with RSI divergence on the M15 chart pegging on 1.4550 to potentially hold but you can decide on which approach to use
Waiting for price to pullback towards 81.70s-81.40s to look for buying opportunities with a chance of an advanced pattern to trigger an aggressive buy or a HH HC candle inside the box. Projection is that the Fib confluence at 81.40 will hold a as support for this pair to the continue the uptrend.
AUDJPY is matching up with CADJPY on a bullish bat within the same time-frame reinforcing the idea that once the advanced pattern completes at 86.10, that a potential trend continuation will resume to the upside. This coupled with the rising trendline support. Updates to come
With the recent break above the trendline, a pullback into the box where trendline resistance meets horizontal support looking left and the FIb Confluence, a potential projection to 112 might present a decent buy opportunity.
Although a bit late, a double bottom could provide another entry for buys for those who werent able to get in the first time. The rising trendline support meets at the bullish bat D completion well and the prediction is to the upside.