AUDJPY 15-19 [NOV] - Strong long opportunity?
Updated
Here we are still seeing lots of imbalance on the H1 chart to be filled. Secondly, VPSV is in a P-Shape which is a good signal for bulls. TDI also crossed under the BB and re-enters earlier on the H4 chart before the PA ranged for a bit. Now having formed an Ascending Triangle, PA looks to favour the buyers for a breakout. I have further noted on the Currency Strength indicator that AUD is second strongest on daily and JPY is second weakest.
Trade closed: target reached
Closed 20 pip long target
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