WEEKLY:
- Bullish
- Bullish engulfing candle close
- Fib golden zone got tapped
- Broke through clean s/r level
DAILY:
- Bullish
- Broke s/r level
- Pattern (inverse h&s) within
pattern (bullish M)
- Fib golden zone aligning with s/r level
- Possible clean 3th touch on trendline
- EMA also...
WEEKLY:
- On the weekly we can see that we are still bearish.
- We can also see that we broke through previous support, we broke it with a lot of volume.
- This weekly s/r level is very respected
DAILY:
- On the daily we can see that we broke trough a strong support zone
-> could turn into resistance
- Our fib 'golden zone' is also aligning with our s/r...
WEEKLY:
- On our weekly timeframe we can see that the AUDJPY market structure is bullish. We are still between the indicated higher low and higher high.
- We can see that price has broken through strong resistance. Here we now expect to see a weekly wick pullback on then possible bullish momentum.
- We can also see that we have responded nicely to our...
