AUD/JPY Bullish Scenario by ThinkingAntsOk
🔸 4H CHART EXPLANATION:
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🔸 Price bounced at the Ascending Trendline.
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🔸 On a lower timeframe, the Descending Trendline of the downside move has been broken.
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🔸 The potential target area is the previous high, where price will make a double top.
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🔸 Will look for lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸 Price bounced at the Ascending Trendline.
.
🔸 On a lower timeframe, the Descending Trendline of the downside move has been broken.
.
🔸 The potential target area is the previous high, where price will make a double top.
.
🔸 Will look for lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
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