Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (83.33). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts...
AUDJPY SELL ENTRY 1 @83.952 SL @84.059 TP @82.701 ENTRY 2 @83.946 SL @84.207 TP @82.701 IF IT HELPED GIVE ME A LIKE!
look for a nice sell setup for the pair it's finishing its structure.
The counter AUDJPY is in the flat-top resistance line from 11th December. Yesterday the counter has broken out the resistance line and it is expected to move even more upwards. Therefore long is more suitable for this counter and the bullish trend is expected to start soon. The upward movement of the MACD curves gives additional support to the description.
fourth wave completion. One should go short with SL of territory of wave (i).
AUDJPY Seems to be giving multiple bearish signals with the price action ahead. I'd prefer to go short along these levels.
The major trend line is broken now and dont miss this trade