AUDJPY’s Ascending wedge
Ascending wedge always makes me love and hate. So far, my conclusion is: do not base your analysis just on the Ascending wedge.
Yes, I have an ascending wedge forming here. I have some other signals.
Let’s see the MACD, two lines twist together, however, the blue line is going up, so this cross could be a bullish cross.
The RSI started a new trend on Aug 18th, an upward trend.
So, let’s expect a bullish breakup.
Yes, I have an ascending wedge forming here. I have some other signals.
Let’s see the MACD, two lines twist together, however, the blue line is going up, so this cross could be a bullish cross.
The RSI started a new trend on Aug 18th, an upward trend.
So, let’s expect a bullish breakup.
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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.