AUDJPY zone to play - ranges
From bigpicture, We estimate this product : Range - high stability of force
Major resistance - supply zone 87 - 90
Major support - 76-80
We like to play short in supply zone, long around major support zone, by wait to see price action-pullback signal in zone
For short term trading,
Use support + offset as SL (in case of long)
Use resistance + offset as SL (in case of short)
For Long term trading,
Use ATH / ATL as your SL with low leverage setup
Major resistance - supply zone 87 - 90
Major support - 76-80
We like to play short in supply zone, long around major support zone, by wait to see price action-pullback signal in zone
For short term trading,
Use support + offset as SL (in case of long)
Use resistance + offset as SL (in case of short)
For Long term trading,
Use ATH / ATL as your SL with low leverage setup
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.