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Australian Dollar / Japanese Yen
Long
Updated

Trade idea - AUDJPY Long

561
4H

Bullish impulse / break of last LH: indication

Pattern within pattern: confirmation
Inverse Head & Shoulders, Bullish M.

Clear support & resistance zone is there.

Corrective approach towards entry zone on 1H chart.

= Buy limit.

1.5% risk.
Note
3M

Clear support & resistance zone is there.

snapshot
Note
WEEKLY

Inverse Head & Shoulders pattern can be in play.

Clear support & resistance zone is there.

snapshot
Note
DAILY

Market potentially forming a Fake Out towards that Weekly zone.

snapshot
Trade active
Active!
Note
Running risk free.
Trade closed: stop reached
Break even.
Pipjager
AUDJPYChart PatternsForexfxtradingnoindicatorspriceactionanalysissupply_and_demandSupport and ResistancesupportandresistancezonesTrend Analysis

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.
AUDJPYChart PatternsForexfxtradingnoindicatorspriceactionanalysissupply_and_demandSupport and ResistancesupportandresistancezonesTrend Analysis
Pipjager

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.