SELL AUDJPY (Bearish Divergence)
Good Day Traders! 👋👋
🔵 The pair is now testing a Major Resistance Zone. The next hourly candle could determine the possible movement of the pair.
🔵 Our bias is SHORT since there is a Bearish Divergence on RSI.
🔵 A Rejection Candle can confirm our bias and possible formation of Triple Top pattern
🔵 MACD is neutral
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Good Day Traders!
The pair broke out from the Bullish Flag pattern on intraday chart with a strong solid candle and big volume hence we can initiate a LONG position with TP on the Key Supply Zone
If you like this analysis, please support with your likes/comments and Follow me for future trend updates
Thank you!
🔵 The pair is now testing a Major Resistance Zone. The next hourly candle could determine the possible movement of the pair.
🔵 Our bias is SHORT since there is a Bearish Divergence on RSI.
🔵 A Rejection Candle can confirm our bias and possible formation of Triple Top pattern
🔵 MACD is neutral
👍🏻 If you like this analysis, Please support with your LIKES/COMMENTS
☑️ FOLLOW ME for future trend updates
Thank you and Good Luck! 🙏🙏
Good Day Traders!
The pair broke out from the Bullish Flag pattern on intraday chart with a strong solid candle and big volume hence we can initiate a LONG position with TP on the Key Supply Zone
If you like this analysis, please support with your likes/comments and Follow me for future trend updates
Thank you!
Trade closed: stop reached
Break of Resistance. Switch bias to LONG
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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.