AUDJPY Daily - Shark pattern
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Hello.
As I drew on the chart, you can see the shark pattern. if today's candlestick closes above 78 you can enter a long position with 30pips stop loss for taking 180pips profit. the first target is 79, and wait for breaking the resistance up there.
either way, you should check the candlesticks here and wait for a reversal pattern just to be sure.
As I drew on the chart, you can see the shark pattern. if today's candlestick closes above 78 you can enter a long position with 30pips stop loss for taking 180pips profit. the first target is 79, and wait for breaking the resistance up there.
either way, you should check the candlesticks here and wait for a reversal pattern just to be sure.
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Update on this analysis: 
Penafian
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