AUDJPY Daily - Shark pattern
Updated
Hello.
As I drew on the chart, you can see the shark pattern. if today's candlestick closes above 78 you can enter a long position with 30pips stop loss for taking 180pips profit. the first target is 79, and wait for breaking the resistance up there.
either way, you should check the candlesticks here and wait for a reversal pattern just to be sure.
As I drew on the chart, you can see the shark pattern. if today's candlestick closes above 78 you can enter a long position with 30pips stop loss for taking 180pips profit. the first target is 79, and wait for breaking the resistance up there.
either way, you should check the candlesticks here and wait for a reversal pattern just to be sure.
Trade closed: stop reached
Update on this analysis: 
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.