AUD/JPY DAY TRADE
Hello traders, if you liked the idea, kindly hit a like and we're ready to answer questions related to our studies
- our scenario: SELL below 82.00
- alternative scenario: 82.50
- targets: for sells: 81.40
for buys: 82.70
-comments: on the weekly t.f , the price created a DT on a weekly resistance and a downtrend since 2013 and then retrace back up to create a lower high on 61.8%-78.2% fib level area + an evening star (bearish reversal). RSI curved down with SMA staying above the RSI level. Zooming into the 4hrs T.F , we have a H&S pattern with a break of the neckline and a possibility of a retest. breaking and closing below 82.00, we could continue down,
disclaimer: our analyses are based on our experience and knowledge in the market, so please make sure to do your own before executing because
we are not responsible for the decision or choices of traders.
- our scenario: SELL below 82.00
- alternative scenario: 82.50
- targets: for sells: 81.40
for buys: 82.70
-comments: on the weekly t.f , the price created a DT on a weekly resistance and a downtrend since 2013 and then retrace back up to create a lower high on 61.8%-78.2% fib level area + an evening star (bearish reversal). RSI curved down with SMA staying above the RSI level. Zooming into the 4hrs T.F , we have a H&S pattern with a break of the neckline and a possibility of a retest. breaking and closing below 82.00, we could continue down,
disclaimer: our analyses are based on our experience and knowledge in the market, so please make sure to do your own before executing because
we are not responsible for the decision or choices of traders.
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.