LONG OPPORTUNITY IN AUD/JPY
Reasons-
1) Weekly & daily trend is up as per 200 ema and ichimoku cloud.
2) Inverse head & shoulders decisively changed the market structure from lower low to higher lows and highs.
3) On faster timeframes, price taking support on previous resistance actint as support showing conviction of the market participants.
4) Successful break & restest of trendline on H4.
5) Buying with small risk and big profit potential.
Kindly trade at your own risk.
Good Luck 😃
1) Weekly & daily trend is up as per 200 ema and ichimoku cloud.
2) Inverse head & shoulders decisively changed the market structure from lower low to higher lows and highs.
3) On faster timeframes, price taking support on previous resistance actint as support showing conviction of the market participants.
4) Successful break & restest of trendline on H4.
5) Buying with small risk and big profit potential.
Kindly trade at your own risk.
Good Luck 😃
Related publications
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.