AUDJPY analysis for the week hopefully it continues its bullish momentum in the next day or two then we going to go in for the sniper entry at 86.000 or 86.500 and we hoping this going to drop like a ************ and we keep it there until it drops to 83.500 and take partial profits and sit back and watch it run down towards 81.000. Long-term trade would say two...
Going to continue with the uptrend think its going to go shooting back up to 1.40000 at least, but red horizontal lines are red that's the SL's, blue horizontal lines are TP's. Just literally going with the trend analysis supporting it with support and resistance.
EURAUD been on a downtrend then for the last month its built its support and resistance zone, now looking bullish looking like its about to breakout the zone and go for the uptrend only trying to catch 170 pips max! 70 pips minimum!
Trend trading analysis we can see its starting to break out of its support and resistance zone and bulls are looking very bullish . Showing good indications for the bears to weaken even more as the red candlesticks getting smaller and smaller in this time period we are viewing it even though we have 4 or 5 long red candlesticks apart from that lets go bulls!!!
I like to do trend trading but the trend of this has been going down for the last couple months but its a volatile market and has been showing a good range of bullish momentum's whilst in its downtrend would say now good time to get in the trade and catch it on its uptrend to my TP's.
This analysis was done yesterday and set TP1 nice and low to see what it does in...
