Hi,
AUDJPY reached a major resistance on the daily/4h time frame. Looking for a pull back before possible continuation of bullish trend. I'm a scalper, so I'm in and out pretty quick with my entry mainly based on candlestick analysis/ momentum and resistance levels.
My other confirmations:
RSI
Stoch
Doji candles (low buying pressure)
Additional candle stick patterns
Fib levels.
News?
Happy trading :)
AUDJPY reached a major resistance on the daily/4h time frame. Looking for a pull back before possible continuation of bullish trend. I'm a scalper, so I'm in and out pretty quick with my entry mainly based on candlestick analysis/ momentum and resistance levels.
My other confirmations:
RSI
Stoch
Doji candles (low buying pressure)
Additional candle stick patterns
Fib levels.
News?
Happy trading :)
Note
Red line was my entry
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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.
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.