AUDJPY is going to break the ascending triangle pattern
AUDJPY forms an ascending triangle pattern to continue going up, we are waiting for the price to break the pattern and after the price breaks the pattern the candle must show a strong increase, if there is a price that goes back into the pattern especially until it breaks the trendline below, we have to be careful the pattern will fail and just a fake break.
SL : 84.03 (45 pips)
TP 1 : 84.94 (+1)
TP 2 : 85.44 (+2)
TP 3 : 86.30 (+4)
SL : 84.03 (45 pips)
TP 1 : 84.94 (+1)
TP 2 : 85.44 (+2)
TP 3 : 86.30 (+4)
Order cancelled
the plan fails, the price does not break up
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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.