AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: AJ is also looking bullish on all major timeframes after we saw a break of 83.250.
Now we are waiting for key structure points to enter long on and ride the trend. Ideally, price action forms a higher low closer to 83.250 before continuing higher.
Trade scenario 2: The other likely scenario is that AJ will continue to rally and break 85.000 resistance.
If this happens look for a higher low above before entering long.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: AJ is also looking bullish on all major timeframes after we saw a break of 83.250.
Now we are waiting for key structure points to enter long on and ride the trend. Ideally, price action forms a higher low closer to 83.250 before continuing higher.
Trade scenario 2: The other likely scenario is that AJ will continue to rally and break 85.000 resistance.
If this happens look for a higher low above before entering long.
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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.