Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Short AUDJPY: Sometimes it is just that simple!!!
Australian Dollar / Japanese Yen
Short
Short AUDJPY: Sometimes it is just that simple!!!
By JeevanKapaganti
Follow
Follow
Updated
Nov 11, 2015
3
Nov 9, 2015
I see a strong channel resistance with divergence confirmation on MACD. Short
AUDJPY
with targets to the channel support.
I believe simpler patterns rock. But if you believe complex patterns say a lot, check the chart below on 15 min:
Nov 11, 2015
Note
There is good amount of consolidation to my liking. Moved stops to BE.
Harmonic Patterns
Parallel Channel
Trend Lines
JeevanKapaganti
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.