AUDJPY (L AS IN LONG)We can see price is moving in a 4hr upward trendline also creating a break and retest of the 76.500 weekly support level. At the moment price created a counter-trendline within the 4hr trendline. We are waiting for a candlestick formation along with a break of the counter-trendline to enter. Tps are set to recent price history.
Audjpybuy
audjpy - buy biasedHi all traders.
For now, its an uptrend especially with the break out of the ascending triangle.
But be careful of any fakeout out of the trend line then continue strongly upwards especially on tues AUD cash rate news.
IF trend line is not broken, then we should expect continuation upwards
Cheers!
AUDJPY SELL OR LONG?*ENG*
- Price reaching our stress zone.
- We are expecting some confluence around this zone.
- If price breaks, look for longs.
*PT*
- Preço a atingir a nossa stress zone.
- Estamos a aguardar alguma dificuldade e indecisão do preço nesta zona.
- Se o preço quebrar, procurar por entradas em long.
AUDJPY And Buy Area (23/7/2020)Please fill the line..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.