AUDJPY ASCENDING TRIANGLE BREAK
Pair: AUDJPY
Timeframe: 1D
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, double bottom
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Key Takeaway: Price has already broken price to the upside of the ascending triangle and come back down for a re-test. We have also seen that a double bottom has formed indicating strength of the resistance turned support level.
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Level needed: need a close by 96.000
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Trade: LONG
RISK:REWARD 1:6
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 1D
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, double bottom
—————
Key Takeaway: Price has already broken price to the upside of the ascending triangle and come back down for a re-test. We have also seen that a double bottom has formed indicating strength of the resistance turned support level.
—————
Level needed: need a close by 96.000
—————
Trade: LONG
RISK:REWARD 1:6
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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