Dolar Australia / Yen JepunPanjang
AUDJPY a pullback and bullish continuation the week of 11 Jan
My weekly chart gives an overview of PA for the last 4 years. The trend is clearly bullish now and 2 areas of support are marked. As many as 9 out of the preceding 10 weekly candles are bullish and we can expect a pullback.
Recent price action can be seen in the daily chart – nicely moving in an ascending channel, now at the top of this channel. I expect a pull back to either the 80.00 level or a bit lower to the s/r zone (78.80 – 78.15). For target, I would look at the area a bit below the 84.00 round number. Either way, this should be a trade with a nice R/R.
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As always, please use sound money and risk management in all your trades.
Recent price action can be seen in the daily chart – nicely moving in an ascending channel, now at the top of this channel. I expect a pull back to either the 80.00 level or a bit lower to the s/r zone (78.80 – 78.15). For target, I would look at the area a bit below the 84.00 round number. Either way, this should be a trade with a nice R/R.
If you like my analysis please give it a “thumbs up” and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.