AUDJPY zigzag
this zigzag correction is about to end.
Note the divergence which indicates
that price movement is losing momentum.
Trade will be triggered at a break below the entry level
Note the divergence which indicates
that price movement is losing momentum.
Trade will be triggered at a break below the entry level
Nota
it looks like a harmonic pattern too.my experience is that only those harmonic patterns work that have a Elliott wave reason behind it as this one.
Nota
I'm waiting for price to get to my entry point and close the trade for a break even trade.but still there is chance for price to go lower. after I exit the trade, I will wait for a clear setup, whether its short or long setup.
Nota
triangle...
Penafian
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