The price already break the Lower High and High Level which tell me this is uptrend. And also if the price break and close above the trendline will also be confirm that this is an uptrend. I see 2 choices to open the long position. Buy at retracement (the Red Zone) or buy instant (High-Risk). This is just my personal opinion and idea. Please trade at your own risk.
There is a significant support level where we can try to make use of by open the short position. Will wait and see the price action. If the price respect the trendline this will be a good opportunity. This is just my personal opinion and idea. Please trade at your own risk.
Downtrend because the Price break Low to make Lower Low. The red arrows are Significant Resistance. This is just my personal opinion and idea. Please trade at your own risk.
AUDJPY still show uptrend on bigger TF. The red zone is decision point. TP in green zone. This is just my personal opinion and idea. Please trade at your own risk.
This is just my personal opinion and idea. Please trade at your own risk. The price will follow the uptrend and if it breaks the downtrend line, it will go bullish until the resistance level. There will be an opportunity to short position. Feel free to comment and share your opinion. I am here to keep learning. Thank you!!!
This is just my personal opinion and idea. Please trade at your own risk. If the price reach the demand zone which is parallel with support level, be prepare to entry long position. If you are planning to entry please set your SL to 15pips. And again this is just my own opinion.
This is my idea and analysis only. Trade at your own risk. The price already breaks the trend line and will go bullish until the supply zone and resistance. You can try trade long for this. Then maybe will start the bearish movement after hit the supply zone.