The AUDJPY pair has been trading within a Channel Down pattern since the October 21 2022 High. Supported by the 1D MA50 (blue trend-line), it not only entered yesterday the Resistance Zone of December 13, but also reached the top (Lower Highs trend-line) of the Channel Down.
This is a Double Sell signal and as long as candles close below it, we will be selling towards Support 1 and the bottom (Lower Lows trend-line) of the Channel Down at 85.100. If a 1D candle closes above the Resistance Zone, we will continue buying for a short-while and target Resistance 2 (95.750).
-------------------------------------------------------------------------------
** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
πΈπΈπΈπΈπΈπΈ
π π π π π π
This is a Double Sell signal and as long as candles close below it, we will be selling towards Support 1 and the bottom (Lower Lows trend-line) of the Channel Down at 85.100. If a 1D candle closes above the Resistance Zone, we will continue buying for a short-while and target Resistance 2 (95.750).
-------------------------------------------------------------------------------
** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
πΈπΈπΈπΈπΈπΈ
π π π π π π
πBest Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
π°Free Channel t.me/tradingshotglobal
π€΅Contact info@tradingshot.com t.me/tradingshot
π₯New service: next X100 crypto GEMS!
π°Free Channel t.me/tradingshotglobal
π€΅Contact info@tradingshot.com t.me/tradingshot
π₯New service: next X100 crypto GEMS!