peterly1

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Last visit Joined 2 years ago United Kingdom
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDUSD 50% | 1 AUDJPY 50% | 1
peterly1 peterly1 AUDUSD, 240, 2 years ago
AUDUSD: INTERESTING CANDLES ON AUDUSD
122 1 3
AUDUSD, 240
INTERESTING CANDLES ON AUDUSD

This move can go either way Long or short. I've managed to draw out a wedge which will determine where the next move could be. If the candles are continuing to be bearish for the time being and managing to break through this wedge, it may be worth shorting up to the demand zone (TP). Otherwise if the candle tests the wedge and manages to bounce off it, a short ...

peterly1 peterly1 AUDJPY, 240, Short , 2 years ago
AUDJPY: AUDJPY 4H. (First post)
62 0 2
AUDJPY, 240 Short
AUDJPY 4H. (First post)

My analysis of AUDJPY 4H. I have created 2 potential supply zones and 1 demand zone. The chart shows a downtrend at the moment and despite a recent sideways trend from February, if the price happens to hit my supply zone 2, this indicates a potential long term short.

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