I’m neutral on AUD/ JPY
All my analysis start with technical analysis. If the technical don’t give me any indication I don’t bother looking at the trade . This is the case for AUD/JPY .
AUD/JPY is currently stuck between two trend lines which form a triangle .
I’m waiting for the price to break the triangle with heavy volume ( I don’t want to be in a bull trap or a bear trap ) to continue my analysis :
- economic calendar release
- Inter market analysis
And then I would decide if I take a position or no .
Not trading is part of trading .
Have a wonderful day .
AUD/JPY is currently stuck between two trend lines which form a triangle .
I’m waiting for the price to break the triangle with heavy volume ( I don’t want to be in a bull trap or a bear trap ) to continue my analysis :
- economic calendar release
- Inter market analysis
And then I would decide if I take a position or no .
Not trading is part of trading .
Have a wonderful day .
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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.