AUDJPY - Divergence backed Breakout
AUDJPY broke out of descending trendline after printing divergence on Awesome Oscillator. Price is retesting a key support zone from where it had a good bounce in the past. Seems like we are in for trend reversal.
Note
Fling high with good momentumTrade closed: target reached
Book good profits.
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.
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.