Watch out for AUDJPY
HEY TRADERS
in this analysis, my bias is bullish, i'm focusing on catching the next swing:
AUDJPY: there is a descending pattern forming which potentially means a change/shift in trend, now what is our confluence for trading this setup (taking entry)
1. Now price broke out we need to see a continuation correction to further look for the next impulse.
2. Higher time frame double bottom
3. third touch confirmation
thanks for reading
TRADE SAFE AND STAY SAFE
in this analysis, my bias is bullish, i'm focusing on catching the next swing:
AUDJPY: there is a descending pattern forming which potentially means a change/shift in trend, now what is our confluence for trading this setup (taking entry)
1. Now price broke out we need to see a continuation correction to further look for the next impulse.
2. Higher time frame double bottom
3. third touch confirmation
thanks for reading
TRADE SAFE AND STAY SAFE
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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.
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.