AUDJPY Trade idea
Updated
AUDJPY is forming a AB=CD pattern (bullish flag).
1. A long trade can be planned on the breakout of B point (pole)
2. A short trade can be planned on the trend reversal in the potential reversal zone.
1. A long trade can be planned on the breakout of B point (pole)
2. A short trade can be planned on the trend reversal in the potential reversal zone.
Note
a divergence is formed on the 4h timeframe so no long trades should be planned.wait for trend reversal to trade it.
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