Rising Trendline broken with Flag & Rising wedge on AUDJPY

FX:AUDJPY   Australian Dollar / Japanese Yen
It can be observed on the 15 mins chart that Price action has broken the rising trendline on the AUDJPY pair and has formed a sort of a flag pattern which also resembles a rising wedge .

Short Entry: 86.22 to 86.23

Stop: Above 86.45

Target: 85.71 to 85.68
Trade active
Trade closed: target reached


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.