AUD JPY - 2 POSSIBLE SCENARIOS
Hi there. There are 2 possible scenarios on AUDJPY.
The first one is wait for the price to reach the SMMA . If price moves correctively, wait and watch strong price action for buy.
The second scenario is possible if price starts to move impulsively to the downside. If that happens wait for the price to form a continuation pattern and watch strong price action for sell.
The first one is wait for the price to reach the SMMA . If price moves correctively, wait and watch strong price action for buy.
The second scenario is possible if price starts to move impulsively to the downside. If that happens wait for the price to form a continuation pattern and watch strong price action for sell.
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