xzanatix

AUDJPY NOT BROKEN OUT - Long Potential

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FX:AUDJPY   Dolar Australia / Yen Jepun
Hey everyone! Just making a quick post as I have noticed a significant amount of ideas saying that audjpy has broken out to the downside. But, have they considered all possible lines of support? No.

2 Key things here:

Firstly, If we reconnect the support after the lowest spike, we find ourselves having a nice support, which audjpy has not yet reached.

Secondly, there is a horizontal support that audjpy has not reached yet, where buyers would be present. So it can be expected that there "may" be a bounce.

My eyes are open to see on a lower time frame if there can be an entry at either of these supports. Good luck trading everyone. Make your own decisions!
Dagangan aktif:
Let's Buy it here - small risk - big potential
Dagangan ditutup secara manual:
Looks short
Penafian

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