AUDJPY - Divergence plus Bullish Break out from parallel channel
AUDJPY has broken out from parallel descending channel after printing divergence on MACD. Breakout is also supported by high volume bars suggesting signs of major pullback from support area.
Trade active
Price landed at area of interest and bounced off with a pin bar. Lets see if this support works out.Trade closed: target reached
Successful trade
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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.