AUDJPY - TRADING PLAN
WEEKLY ANALYSIS
I will keep my eye on this pair as giving me such a nice setup soon.
Price has moved to the upside with such an impulsive wave and make a Higher high. From there the price immediately moved to the downside.
What I am expecting now is the price making a Higher Low for the first time since awhile.
Purple box is my buy zone, and the first target is a Lower High in Daily TF. The reason of this target is because I want to anticipate if the price is gonna stay in range and also this pair has a bearish major trend.
Trading setup will follow this plan once I found an opportunity.
I will keep my eye on this pair as giving me such a nice setup soon.
Price has moved to the upside with such an impulsive wave and make a Higher high. From there the price immediately moved to the downside.
What I am expecting now is the price making a Higher Low for the first time since awhile.
Purple box is my buy zone, and the first target is a Lower High in Daily TF. The reason of this target is because I want to anticipate if the price is gonna stay in range and also this pair has a bearish major trend.
Trading setup will follow this plan once I found an opportunity.
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