AudJpy still shows upward movement.
- The price is at the PITCHFORK center
- The flag pattern is confirmed (pink lines)
- The upward GAP could be considered as breaking the line which look like a NECKLINE
Going Long seems not a bad Idea because the Reward/Risk ratio is approximately 4.5
Buy at 83.20
sl- 83.85 (35 pip)
tp 84.70 (150)
Good luck
- The price is at the PITCHFORK center
- The flag pattern is confirmed (pink lines)
- The upward GAP could be considered as breaking the line which look like a NECKLINE
Going Long seems not a bad Idea because the Reward/Risk ratio is approximately 4.5
Buy at 83.20
sl- 83.85 (35 pip)
tp 84.70 (150)
Good luck
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.