AUD/JPY FACING STRONG SUPPORT
Updated
AUD/JPY ANALYSIS
5/13/20
This is a trade that I personally took,
Price was in a big correction on the 15m scale
HTF - Bearish
This was an intraday down to the structure, this could turn into a bigger trade down to the level marked below.
Currently facing strong support and there will be few more down to the level below.
If we can break below the 'Older Support'
we can then continue our way down.
AUD & NZD NEWS COMING OUT SOON!
If any major move will happen it will happen at that time, and oh do you think it is not already priced in?
Do NOT trade before taking confirmation.
Stay Patient!
Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature
Message for private entries!
5/13/20
This is a trade that I personally took,
Price was in a big correction on the 15m scale
HTF - Bearish
This was an intraday down to the structure, this could turn into a bigger trade down to the level marked below.
Currently facing strong support and there will be few more down to the level below.
If we can break below the 'Older Support'
we can then continue our way down.
AUD & NZD NEWS COMING OUT SOON!
If any major move will happen it will happen at that time, and oh do you think it is not already priced in?
Do NOT trade before taking confirmation.
Stay Patient!
Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature
Message for private entries!
Comment
AUD NEWS CAME OUT BAD AS EXPECTEDDisclaimer
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