Well 2021 has ended and 2022 has begun but we have still been a very weak market that has provided one the ability to accumulate if so desired at low values, for long term...and for short term traders can trade between $.14 and $.17... Long term if you believe, and the coin at the time of this update is $.1603 would be a 600% return on investment at a...
TF: 4 Hr I am looking for a breakout either way out of the zone.
4hr Time Frame: Reading price we can see that AUDJPY is on an uptrend. With that being said we should be looking for long term buying opportunities at support. Right now, price is testing a 4hr support zone in confluence with an inverted head and shoulder formation. Notice how price closed off a bullish pinbar rejection candle. 1hr Time Frame: Scaling down to we...
Moving nicely from entry - not too late to jump in, just watch for rejection here, retesting the EMAs. Regards Darren