Not only on Aud/Jpy but you can see this kind of setup on many other JPY pairs: a flag type distribution/re-accumulation.
My point of view is the increasing in value of Jpy on daily timesframe, and I believe it's gonna be a big move. US30 closed its week yesterday with a huge red drop.
I long JPY through its pairs with Aud and Nzd, and a small position on Gbp also.
In my point of view this is the best chance to have a almost 15R trade on this pair.
Dont miss the shot. If the closing price is higher than the opening price today, enter the trade with the stoploss under the lowest price today.
Gold's back. And there can be only 1 commodity to fight against inflation. I know bitcoin traders might get angry watching this point of view, but I think it's time for bitcoin to go back to the its value.
Gold has confirmed that it had finished the re-accumulating after the all time high. My point of view about gold: this metal will reach 2300 within 2 years.
A long position from 1800, or a purchase of physical gold is recommended.
MY point of view about VN index
Seems like it's going to retest 1400. A good chance to long. However, be careful that it can be the start of the last wave in an uptrend pattern, right before a big calibration
