AUDJPY - Trade Plan
AUDJPY - Trade Plan
Daily Chart:
Downtrend - Below Kumo, breakdown correction trendline (blue) and retraced with ABC.
4H Chart:
Above Kumo (Uptrend). Uptrend continue if pair close above Point C next week.
At Point (c), maybe Wave 4 in action.
Pair moving in downtrend channel (green).
Trade Idea:
1- Sell with SL above Point C (Any TF) or
2- Wait for short with SL using Ichimoku strategy at 1H chart. Looking for LH after Point (c) before entry.
Daily Chart:
Downtrend - Below Kumo, breakdown correction trendline (blue) and retraced with ABC.
4H Chart:
Above Kumo (Uptrend). Uptrend continue if pair close above Point C next week.
At Point (c), maybe Wave 4 in action.
Pair moving in downtrend channel (green).
Trade Idea:
1- Sell with SL above Point C (Any TF) or
2- Wait for short with SL using Ichimoku strategy at 1H chart. Looking for LH after Point (c) before entry.
Note
Daily Chart:Order cancelled
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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.
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.