Price is about to go really bullish from that AOC point this is an high probability trade but wait for price action before entering
AOC PLUS HEAD AND SHOULDER PATTERN price could dip anytime soon
wait for price to to break through that small trend line i drew as price was approaching the resistance area once price breaks through it,look for short entries and thank me later
price will move upward to price 56000 and fall to probably 51000 then due to the obvious falling wedge we are seeing price would break that trendline and cover all those imbalances at the top BUT breakout can also happen in any of those trendlines IF,it breaks downward ,Then it will reach for price 45000 note: Patience is all we need now
CHART PATTERNS looking at the audjpy chart we will notice that the mark price has hit a mitigation block INDICATORS: Using our stochastic oscillator we will notice that there is a sharp turn in the overbought area on the 4h chart and also the same on the RSI indicator TRENDING CHANNEL also,it has hit the resistance line of the trend channel let see how this...