Australian Dollar / Japanese Yen
Long
Updated

AUDJPY @ Crispy Potato

49
20/03/22
FORECAST FOR WEEK 4 MARCH 2022 IS = BULL


DAYS
PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL

Week 3 of March, on Monday opened a small Bear candle. Tuesday the candle was small bull almost doji. An unremarkable start to the week the chart was still tracking slightly Bull. Wednesday a strong Bull candle was formed and it broke the high back in October 2021. Wed to Frid formed a strong bull rally formation. The angle was quite steep compared to long, if the rally is to continue then we should see the week begin slowly, it will have small candles. A doji, followed by a decent Bear candle then we can expect a week that could be Bear. The probability I see as higher is the Bull.



WEEK
PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL

This week the Bull candle was exceptional, it is probable some volatility will be seen. it will appear as long tails. Overall this week broke a number of decent resistance levels not seen for some time. Path of least resistance says momentum has been established.
Note
Accurate forecast

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