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Audjpyforecast

AUDJPY H1 LONG PRICE ACTION FORECASTPrice action continues its strong bullish rally, trading sideways within a rising channel, expecting a pullback to its lower support line from the channel for further uptrend continuation. MACD divergence is also spotted to confirm a possible pullback. A buy-limit entry for a bounce strategy from the 50EMA as the third touch give enough room for the following setup: S/L: 59 pips - R:R | 1:2 - T/P aiming to the previous high (if the order gets trigger by the expected pullback and the uptrend bias continues we can manage the trade to aim for a higher T/P level)
Long
by OGFXTRADER
AUDJPY technicaly based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 AUDJPY technicaly based idea, we can see price is bounce from up trend line , candels foramtion is good bearish, technicaly indicators showing we can expect higher push down in price, expecting to see Ccreating of new HL,- push down in price till bottom trend line. 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
by UnknownUnicorn3983388
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