As i posted the previous AUD/JPY post in which the head and shoulder pattern formed. It showed that price move in upward direction. This post is also basically an another opportunity to make a little bit profit. If anyone miss the Entry from the previous post entry point. here the price is little bit consolidating and it makes a pattern which gives us a one more confirmation that price will definitely move upward. As we know The Forex news In now days not releases due to festivals. So, Here is the clearly confirmation that price will up but don,t know how much time it takes to hit to the TP.
And most important thing is that - first Wait for the Breakout confirmation here. then place the entry .
And most important thing is that - first Wait for the Breakout confirmation here. then place the entry .
Komen:
TP1 easily Hit.
Komen:
TP2 is also hit by Price action .